Auction Property: TURNIPSEED REGINALD
Owner's Name: TURNIPSEED REGINALD
Location: 2912 DELL DR
Amount Owed: $1,345
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: -1.80
Decision: 🚩 Do Not Buy
Market Value: $64,825
Current Price: $139,700
Cost to Build: $132,000.00
10yr Cashflows: $99,777.18
Suggested Bid: $9,977.72 - $49,888.59
Cap Rate: 9.52%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Do Not Buy 🏅
| location: | ⚠️ Fair 41% |
| marketRent: | 📌 Good 78% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 15% |
| marketDemand: | 🚩 Poor 0% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | ⚠️ Fair 43% |
| acquisitionVsMarketValue: | 🚩 Poor -578% |
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: 2.16 💹 Current Price: $139,700.00 💸 Zestimate Price: $139,700.00 💸 Tax Assessed Value: $26,600.00 💸 Average Nearby Price: $64,825.00 💸 |
| school trends: | 📌 Good 75% Average School Rating: 5.33 💹 |
| taxes: | 📌 Good 100% Annual Tax: $1,170.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $587.00 💸 Total Annual Cost: $1,757.00 💸 |
| rent potential: | ⚠️ Fair 50% Estimated Rent Price: $1,255.00 💸 |
| capitalization rate: | ⚠️ Fair 63% Simulated Rating: 7.59 💹 |
| exit strategy: | ⚠️ Fair 60% Time On Market: 3045 days 🕰️ |
| year built: | 🚩 Poor 0% Time Built: 1964 🕰️ |
| property info: | 📌 Good 80% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 3 🏠 Home Living Area: 1100 🏠 |