Auction Property: THOMASON JAMES P
Owner's Name: THOMASON JAMES P
Location: 800 PARAMOUNT DR
Amount Owed: $2,761
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: 7.46
Decision: 🚩 Do Not Buy
Market Value: $130,041
Current Price: $162,200
Cost to Build: $143,520.00
10yr Cashflows: $111,941.25
Suggested Bid: $11,194.13 - $55,970.63
Cap Rate: 8.44%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Do Not Buy 🏅
| location: | ⚠️ Fair 45% |
| marketRent: | 📌 Good 88% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 17% |
| marketDemand: | ⚠️ Fair 50% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | 🚩 Poor 38% |
| acquisitionVsMarketValue: | 🚩 Poor -124% |
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: 1.25 💹 Current Price: $162,200.00 💸 Zestimate Price: $162,200.00 💸 Tax Assessed Value: $72,600.00 💸 Average Nearby Price: $130,041.25 💸 |
| school trends: | ⚠️ Fair 50% Average School Rating: 3.33 💹 |
| taxes: | 📌 Good 100% Annual Tax: $2,523.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $681.00 💸 Total Annual Cost: $3,204.00 💸 |
| rent potential: | ⚠️ Fair 50% Estimated Rent Price: $1,408.00 💸 |
| capitalization rate: | ⚠️ Fair 63% Simulated Rating: 6.80 💹 |
| exit strategy: | 📌 Good 100% Time On Market: 0 🕰️ |
| year built: | 🚩 Poor 0% Time Built: 1982 🕰️ |
| property info: | 📌 Good 80% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 3 🏠 Home Living Area: 1196 🏠 |