Auction Property: SWINTON VICTORIA
Owner's Name: SWINTON VICTORIA
Location: 612 WYNETTE WAY
Amount Owed: $3,428
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: -18.83
Decision: 🚩 Do Not Buy
Market Value: $53,713
Current Price: $208,700
Cost to Build: $194,880.00
10yr Cashflows: $141,437.14
Suggested Bid: $14,143.71 - $70,718.57
Cap Rate: 8.29%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Do Not Buy 🏅
| location: | 🚩 Poor 40% |
| marketRent: | 📌 Good 100% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 29% |
| marketDemand: | ⚠️ Fair 50% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | 🚩 Poor 16% |
| acquisitionVsMarketValue: | 🚩 Poor -1,443% |
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: 3.89 💹 Current Price: $208,700.00 💸 Zestimate Price: $208,700.00 💸 Tax Assessed Value: $76,400.00 💸 Average Nearby Price: $53,712.50 💸 |
| school trends: | 📌 Good 75% Average School Rating: 5.67 💹 |
| taxes: | ⚠️ Fair 50% Annual Tax: $3,161.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $877.00 💸 Total Annual Cost: $4,038.00 💸 |
| rent potential: | 📌 Good 75% Estimated Rent Price: $1,779.00 💸 |
| capitalization rate: | ⚠️ Fair 63% Simulated Rating: 7.06 💹 |
| exit strategy: | 📌 Good 100% Time On Market: 0 🕰️ |
| year built: | 🚩 Poor 0% Time Built: 1975 🕰️ |
| property info: | 📌 Good 80% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 4 🏠 Home Living Area: 1624 🏠 |