Auction Property: SUMTER YVETTE
Owner's Name: SUMTER YVETTE
Location: 420 FLOYD DR
Amount Owed: $400
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: 7.79
Decision: 🚩 Do Not Buy
Market Value: $84,938
Current Price: $100,700
Cost to Build: $109,440.00
10yr Cashflows: $90,793.26
Suggested Bid: $9,079.33 - $45,396.63
Cap Rate: 12.89%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Do Not Buy 🏅
| location: | 🚩 Poor 38% |
| marketRent: | 📌 Good 71% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 13% |
| marketDemand: | 🚩 Poor 0% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | ⚠️ Fair 53% |
| acquisitionVsMarketValue: | 🚩 Poor -93% |
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: 1.19 💹 Current Price: $100,700.00 💸 Zestimate Price: $100,700.00 💸 Tax Assessed Value: $37,300.00 💸 Average Nearby Price: $84,937.50 💸 |
| school trends: | ⚠️ Fair 50% Average School Rating: 4.00 💹 |
| taxes: | 📌 Good 100% Annual Tax: $297.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $423.00 💸 Total Annual Cost: $720.00 💸 |
| rent potential: | ⚠️ Fair 50% Estimated Rent Price: $1,142.00 💸 |
| capitalization rate: | 📌 Good 88% Simulated Rating: 10.19 💹 |
| exit strategy: | ⚠️ Fair 60% Time On Market: 7965 days 🕰️ |
| year built: | 🚩 Poor 0% Time Built: 1963 🕰️ |
| property info: | 📌 Good 80% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 3 🏠 Home Living Area: 912 🏠 |