Auction Property: THOMAS VERLY
Owner's Name: THOMAS VERLY
Location: 37 SALVIA CT
Amount Owed: $1,392
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: 9.58
Decision: 🚩 Do Not Buy
Market Value: $186,538
Current Price: $217,200
Cost to Build: $216,000.00
10yr Cashflows: $149,626.02
Suggested Bid: $14,962.60 - $74,813.01
Cap Rate: 9.28%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Do Not Buy 🏅
| location: | ⚠️ Fair 59% |
| marketRent: | 📌 Good 100% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 25% |
| marketDemand: | ⚠️ Fair 50% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 80% |
| developmentFeasibility: | 🚩 Poor 6% |
| acquisitionVsMarketValue: | 🚩 Poor -82% |
Level 2 (Simulation)
**involves significant stress testing
Decision: Do Not Buy 🏅
| location: | City: Irmo 🚲 County: Richland County 🚲 |
| price vs market value: | ⚠️ Fair 40% Value Ratio: 1.16 💹 Current Price: $217,200.00 💸 Zestimate Price: $217,200.00 💸 Tax Assessed Value: $110,900.00 💸 Average Nearby Price: $186,537.50 💸 |
| school trends: | ⚠️ Fair 50% Average School Rating: 3.67 💹 |
| taxes: | 📌 Good 100% Annual Tax: $1,216.00 💸 Monthly Hoa Tax: $25.00 💸 Annual Insurance: $912.00 💸 Total Annual Cost: $2,428.00 💸 |
| rent potential: | 📌 Good 75% Estimated Rent Price: $1,882.00 💸 |
| capitalization rate: | 📌 Good 75% Simulated Rating: 8.11 💹 |
| exit strategy: | 📌 Good 100% Time On Market: 0 🕰️ |
| year built: | ⚠️ Fair 63% Time Built: 1986 🕰️ |
| property info: | 📌 Good 80% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 4 🏠 Home Living Area: 1800 🏠 |