Auction Property: BOLTON JAMES
Owner's Name: BOLTON JAMES
Location: 5518 BLUFF RD
Amount Owed: $2,456
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: -46.12
Decision: 🚩 Do Not Buy
Market Value: $26,642
Current Price: $172,600
Cost to Build: $154,800.00
10yr Cashflows: $94,211.92
Suggested Bid: $9,421.19 - $47,105.96
Cap Rate: 6.84%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Do Not Buy
| location: | 🚩 Poor 24% |
| marketRent: | 📌 Good 74% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 18% |
| marketDemand: | ⚠️ Fair 50% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | 🚩 Poor 33% |
| acquisitionVsMarketValue: | 🚩 Poor -2,739% |
Level 2 (Simulation)
**involves significant stress testing
Decision: Do Not Buy
| location: | City: Columbia 🚲 County: Richland County 🚲 |
| price vs market value: | ⚠️ Fair 40% Value Ratio: 6.48 💹 Current Price: $172,600.00 💸 Zestimate Price: $172,600.00 💸 Tax Assessed Value: $100,600.00 💸 Average Nearby Price: $26,641.63 💸 |
| school trends: | ⚠️ Fair 50% Average School Rating: 3.67 💹 |
| taxes: | 📌 Good 100% Annual Tax: $1,683.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $725.00 💸 Total Annual Cost: $2,408.00 💸 |
| rent potential: | ⚠️ Fair 50% Estimated Rent Price: $1,185.00 💸 |
| capitalization rate: | 🚩 Poor 38% Simulated Rating: 5.27 💹 |
| exit strategy: | 📌 Good 100% Time On Market: 0 🕰️ |
| year built: | 🚩 Poor 0% Time Built: 1972 🕰️ |
| property info: | ⚠️ Fair 50% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 2 🏠 Home Living Area: 1290 🏠 |