Auction Property: TANIA & JERRY PROPERTIES LLC

 


Owner's Name: TANIA & JERRY PROPERTIES LLC

Location: 1004 COLUMBIA COLLEGE DR

Amount Owed: $1,448

Type: SINGLE_FAMILY

View:   View on Zillow     |   View on Realtor

Overall (Final)

Score: 9.69

Decision: 🚩 Do Not Buy  

Market Value: $101,288

Current Price: $97,500

Cost to Build: $134,160.00

10yr Cashflows: $97,630.58

Suggested Bid: $9,763.06 - $48,815.29

Cap Rate: 13.36%

** cap rate calculated based on Current Price 

Level 1 (Analysis)

Decision: Hold

location: 🚩 Poor 30%
marketRent: 📌 Good 77%
taxHistory: 📌 Good 100%
lotFeatures: 🚩 Poor 16%
marketDemand: ⚠️ Fair 50%
propertyType: 📌 Good 100%
legalConsiderations: 📌 Good 100%
developmentFeasibility: ⚠️ Fair 42%
acquisitionVsMarketValue: 🚩 Poor 19%

Level 2 (Simulation)

**involves significant stress testing

Decision: Hold

location: City: Columbia 🚲 County: Richland County 🚲
price vs market value: ⚠️ Fair 40% Value Ratio: 0.96 💹 Current Price: $97,500.00 💸 Zestimate Price: $97,500.00 💸 Tax Assessed Value: $40,800.00 💸 Average Nearby Price: $101,287.50 💸
school trends: ⚠️ Fair 50% Average School Rating: 1.67 💹
taxes: 📌 Good 100% Annual Tax: $1,299.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $410.00 💸 Total Annual Cost: $1,709.00 💸
rent potential: ⚠️ Fair 50% Estimated Rent Price: $1,228.00 💸
capitalization rate: 📌 Good 88% Simulated Rating: 10.59 💹
exit strategy: 📌 Good 100% Time On Market: 0 🕰️
year built: 🚩 Poor 0% Time Built: 1950 🕰️
property info: ⚠️ Fair 50% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 2 🏠 Home Living Area: 1118 🏠