Auction Property: WATKINS GLORIA D
Owner's Name: WATKINS GLORIA D
Location: 700 CARTY DR
Amount Owed: $3,520
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: 9.20
Decision: 🚩 Do Not Buy
Market Value: $182,613
Current Price: $194,300
Cost to Build: $253,680.00
10yr Cashflows: $141,993.67
Suggested Bid: $14,199.37 - $70,996.83
Cap Rate: 8.94%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Hold
| location: | ⚠️ Fair 51% |
| marketRent: | 📌 Good 100% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 30% |
| marketDemand: | 🚩 Poor 0% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | 🚩 Poor 0% |
| acquisitionVsMarketValue: | 🚩 Poor -32% |
Level 2 (Simulation)
**involves significant stress testing
Decision: Hold
| location: | City: Columbia 🚲 County: Richland County 🚲 |
| price vs market value: | ⚠️ Fair 40% Value Ratio: 1.06 💹 Current Price: $194,300.00 💸 Zestimate Price: $194,300.00 💸 Tax Assessed Value: $97,400.00 💸 Average Nearby Price: $182,612.50 💸 |
| school trends: | ⚠️ Fair 50% Average School Rating: 2.33 💹 |
| taxes: | ⚠️ Fair 50% Annual Tax: $3,249.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $816.00 💸 Total Annual Cost: $4,065.00 💸 |
| rent potential: | 📌 Good 75% Estimated Rent Price: $1,786.00 💸 |
| capitalization rate: | ⚠️ Fair 63% Simulated Rating: 7.61 💹 |
| exit strategy: | 📌 Good 100% Time On Market: 11007 days 🕰️ |
| year built: | 🚩 Poor 0% Time Built: 1977 🕰️ |
| property info: | 📌 Good 80% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 4 🏠 Home Living Area: 2114 🏠 |