Auction Property: WAYMYERS HATTIE M
Owner's Name: WAYMYERS HATTIE M
Location: 2748 COVENANT RD
Amount Owed: $203
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: 6.71
Decision: 🚩 Do Not Buy
Market Value: $86,900
Current Price: $113,000
Cost to Build: $139,560.00
10yr Cashflows: $121,958.73
Suggested Bid: $12,195.87 - $60,979.36
Cap Rate: 15.79%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Do Not Buy 🏅
| location: | 🚩 Poor 27% |
| marketRent: | 📌 Good 96% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 16% |
| marketDemand: | 🚩 Poor 0% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | 🚩 Poor 40% |
| acquisitionVsMarketValue: | 🚩 Poor -150% |
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: 1.30 💹 Current Price: $113,000.00 💸 Zestimate Price: $113,000.00 💸 Tax Assessed Value: $62,800.00 💸 Average Nearby Price: $86,900.00 💸 |
| school trends: | ⚠️ Fair 50% Average School Rating: 1.67 💹 |
| taxes: | 📌 Good 100% Annual Tax: $92.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $475.00 💸 Total Annual Cost: $567.00 💸 |
| rent potential: | 📌 Good 75% Estimated Rent Price: $1,534.00 💸 |
| capitalization rate: | 📌 Good 100% Simulated Rating: 13.46 💹 |
| exit strategy: | 📌 Good 100% Time On Market: 13077 days 🕰️ |
| year built: | 🚩 Poor 0% Time Built: 1950 🕰️ |
| property info: | ⚠️ Fair 50% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 2 🏠 Home Living Area: 1163 🏠 |