Auction Property: WARD REGGIE
Owner's Name: WARD REGGIE
Location: 31 OAKLEY CIR
Amount Owed: $1,025
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: 8.69
Decision: 🚩 Do Not Buy
Market Value: $128,369
Current Price: $161,500
Cost to Build: $146,280.00
10yr Cashflows: $125,297.88
Suggested Bid: $12,529.79 - $62,648.94
Cap Rate: 10.76%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Do Not Buy 🏅
| location: | ⚠️ Fair 51% |
| marketRent: | 📌 Good 99% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 17% |
| marketDemand: | 🚩 Poor 0% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | 🚩 Poor 37% |
| acquisitionVsMarketValue: | 🚩 Poor -129% |
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: 1.26 💹 Current Price: $161,500.00 💸 Zestimate Price: $161,500.00 💸 Tax Assessed Value: $52,000.00 💸 Average Nearby Price: $128,368.75 💸 |
| school trends: | ⚠️ Fair 50% Average School Rating: 4.67 💹 |
| taxes: | 📌 Good 100% Annual Tax: $863.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $678.00 💸 Total Annual Cost: $1,541.00 💸 |
| rent potential: | 📌 Good 75% Estimated Rent Price: $1,576.00 💸 |
| capitalization rate: | 📌 Good 75% Simulated Rating: 9.13 💹 |
| exit strategy: | ⚠️ Fair 60% Time On Market: 4704 days 🕰️ |
| year built: | 📌 Good 100% Time Built: 2004 🕰️ |
| property info: | 📌 Good 80% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 3 🏠 Home Living Area: 1219 🏠 |