Auction Property: WATSON DRIVE LLC
Owner's Name: WATSON DRIVE LLC
Location: 632 FLOYD DR
Amount Owed: $1,530
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: 11.97
Decision: ⚠️ Consider
Market Value: $109,305
Current Price: $75,000
Cost to Build: $129,000.00
10yr Cashflows: $104,149.89
Suggested Bid: $10,414.99 - $52,074.94
Cap Rate: 18.87%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Buy 🏅
| location: | ⚠️ Fair 44% |
| marketRent: | 📌 Good 82% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 15% |
| marketDemand: | 🚩 Poor 0% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | ⚠️ Fair 44% |
| acquisitionVsMarketValue: | 📌 Good 100% |
Level 2 (Simulation)
**involves significant stress testing
Decision: Buy 🏅
| location: | City: Columbia 🚲 County: Richland County 🚲 |
| price vs market value: | ⚠️ Fair 40% Value Ratio: 0.69 💹 Current Price: $75,000.00 💸 Zestimate Price: $168,200.00 💸 Tax Assessed Value: $43,300.00 💸 Average Nearby Price: $109,305.00 💸 |
| school trends: | ⚠️ Fair 50% Average School Rating: 4.00 💹 |
| taxes: | 📌 Good 100% Annual Tax: $1,253.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $315.00 💸 Total Annual Cost: $1,568.00 💸 |
| rent potential: | ⚠️ Fair 50% Estimated Rent Price: $1,310.00 💸 |
| capitalization rate: | 📌 Good 100% Simulated Rating: 15.29 💹 |
| exit strategy: | ⚠️ Fair 60% Time On Market: 374 days 🕰️ |
| year built: | 🚩 Poor 0% Time Built: 1968 🕰️ |
| property info: | 📌 Good 80% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 3 🏠 Home Living Area: 1075 🏠 |