Auction Property: WATERMARK CAPITAL FUNDING
Owner's Name: WATERMARK CAPITAL FUNDING
Location: 6204 BENEDICT ST
Amount Owed: $925
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: 7.76
Decision: 🚩 Do Not Buy
Market Value: $91,264
Current Price: $114,400
Cost to Build: $149,400.00
10yr Cashflows: $124,741.36
Suggested Bid: $12,474.14 - $62,370.68
Cap Rate: 15.34%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Do Not Buy 🏅
| location: | 🚩 Poor 40% |
| marketRent: | 📌 Good 98% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 17% |
| marketDemand: | 🚩 Poor 0% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | 🚩 Poor 35% |
| acquisitionVsMarketValue: | 🚩 Poor -127% |
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: $114,400.00 💸 Zestimate Price: $114,400.00 💸 Tax Assessed Value: $25,000.00 💸 Average Nearby Price: $91,263.75 💸 |
| school trends: | ⚠️ Fair 50% Average School Rating: 4.00 💹 |
| taxes: | 📌 Good 100% Annual Tax: $795.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $480.00 💸 Total Annual Cost: $1,275.00 💸 |
| rent potential: | 📌 Good 75% Estimated Rent Price: $1,569.00 💸 |
| capitalization rate: | 📌 Good 100% Simulated Rating: 13.05 💹 |
| exit strategy: | ⚠️ Fair 60% Time On Market: 5375 days 🕰️ |
| year built: | 🚩 Poor 0% Time Built: 1952 🕰️ |
| property info: | 📌 Good 80% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 3 🏠 Home Living Area: 1245 🏠 |