Auction Property: WAGGONER BRANDON

 


Owner's Name: WAGGONER BRANDON

Location: 1404 S OTT RD

Amount Owed: $426

Type: SINGLE_FAMILY

View:   View on Zillow     |   View on Realtor

Overall (Final)

Score: 8.52

Decision: 🚩 Do Not Buy  

Market Value: $97,494

Current Price: $117,800

Cost to Build: $138,240.00

10yr Cashflows: $119,812.12

Suggested Bid: $11,981.21 - $59,906.06

Cap Rate: 14.68%

** cap rate calculated based on Current Price 

Level 1 (Analysis)

Decision: Do Not Buy 🏅

location: ⚠️ Fair 44%
marketRent: 📌 Good 94%
taxHistory: 📌 Good 100%
lotFeatures: 🚩 Poor 16%
marketDemand: ⚠️ Fair 50%
propertyType: 📌 Good 100%
legalConsiderations: 📌 Good 100%
developmentFeasibility: ⚠️ Fair 40%
acquisitionVsMarketValue: 🚩 Poor -104%

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: 1.21 💹 Current Price: $117,800.00 💸 Zestimate Price: $117,800.00 💸 Tax Assessed Value: $40,600.00 💸 Average Nearby Price: $97,493.75 💸
school trends: ⚠️ Fair 50% Average School Rating: 4.67 💹
taxes: 📌 Good 100% Annual Tax: $293.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $495.00 💸 Total Annual Cost: $788.00 💸
rent potential: 📌 Good 75% Estimated Rent Price: $1,507.00 💸
capitalization rate: 📌 Good 100% Simulated Rating: 12.44 💹
exit strategy: 📌 Good 100% Time On Market: 0 🕰️
year built: 🚩 Poor 0% Time Built: 1954 🕰️
property info: 📌 Good 80% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 3 🏠 Home Living Area: 1152 🏠