Auction Property: WASHINGTON JESSE III
Owner's Name: WASHINGTON JESSE III
Location: 340 HIGHLAND POINT DR
Amount Owed: $3,025
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: 10.21
Decision: ⚠️ Consider
Market Value: $347,663
Current Price: $394,200
Cost to Build: $301,320.00
10yr Cashflows: $179,201.41
Suggested Bid: $17,920.14 - $89,600.71
Cap Rate: 5.6%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Hold
| location: | ⚠️ Fair 67% |
| marketRent: | 📌 Good 100% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 35% |
| marketDemand: | 🚩 Poor 0% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 80% |
| developmentFeasibility: | 🚩 Poor 0% |
| acquisitionVsMarketValue: | 🚩 Poor -67% |
Level 2 (Simulation)
**involves significant stress testing
Decision: Buy
| location: | City: Columbia 🚲 County: Richland County 🚲 |
| price vs market value: | ⚠️ Fair 40% Value Ratio: 1.13 💹 Current Price: $394,200.00 💸 Zestimate Price: $394,200.00 💸 Tax Assessed Value: $265,700.00 💸 Average Nearby Price: $347,662.50 💸 |
| school trends: | 📌 Good 75% Average School Rating: 5.00 💹 |
| taxes: | ⚠️ Fair 50% Annual Tax: $2,776.00 💸 Monthly Hoa Tax: $45.00 💸 Annual Insurance: $1,656.00 💸 Total Annual Cost: $4,972.00 💸 |
| rent potential: | 📌 Good 100% Estimated Rent Price: $2,254.00 💸 |
| capitalization rate: | 🚩 Poor 38% Simulated Rating: 4.98 💹 |
| exit strategy: | ⚠️ Fair 60% Time On Market: 7020 days 🕰️ |
| year built: | 📌 Good 100% Time Built: 2005 🕰️ |
| property info: | 📌 Good 100% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 3 🏠 Home Living Area: 2511 🏠 |