Auction Property: TARMAR LLC

 


Owner's Name: TARMAR LLC

Location: 4218 CHESTERFIELD DR

Amount Owed: $5,183

Type: SINGLE_FAMILY

View:   View on Zillow     |   View on Realtor

Overall (Final)

Score: -13.22

Decision: 🚩 Do Not Buy  

Market Value: $76,138

Current Price: $263,100

Cost to Build: $339,600.00

10yr Cashflows: $185,561.71

Suggested Bid: $18,556.17 - $92,780.86

Cap Rate: 8.55%

** cap rate calculated based on Current Price 

Level 1 (Analysis)

Decision: Do Not Buy 🏅

location: 🚩 Poor 36%
marketRent: 📌 Good 100%
taxHistory: 📌 Good 100%
lotFeatures: 🚩 Poor 40%
marketDemand: ⚠️ Fair 50%
propertyType: 📌 Good 100%
legalConsiderations: 📌 Good 100%
developmentFeasibility: 🚩 Poor 0%
acquisitionVsMarketValue: 🚩 Poor -1,228%

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: 3.46 💹 Current Price: $263,100.00 💸 Zestimate Price: $263,100.00 💸 Tax Assessed Value: $151,300.00 💸 Average Nearby Price: $76,137.50 💸
school trends: ⚠️ Fair 50% Average School Rating: 4.00 💹
taxes: ⚠️ Fair 50% Annual Tax: $4,398.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $1,105.00 💸 Total Annual Cost: $5,503.00 💸
rent potential: 📌 Good 100% Estimated Rent Price: $2,334.00 💸
capitalization rate: ⚠️ Fair 63% Simulated Rating: 7.63 💹
exit strategy: 📌 Good 100% Time On Market: 0 🕰️
year built: 📌 Good 100% Time Built: 2004 🕰️
property info: 📌 Good 100% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 3 🏠 Home Living Area: 2830 🏠