Auction Property: BOYKIN WILLIAM III &

 


Owner's Name: BOYKIN WILLIAM III &

Location: 966 ANDREWS RD

Amount Owed: $1,211

Type: SINGLE_FAMILY

View:   View on Zillow     |   View on Realtor

Overall (Final)

Score: 9.82

Decision: 🚩 Do Not Buy  

Market Value: $66,850

Current Price: $67,300

Cost to Build: $120,960.00

10yr Cashflows: $118,063.04

Suggested Bid: $11,806.30 - $59,031.52

Cap Rate: 24.51%

** cap rate calculated based on Current Price 

Level 1 (Analysis)

Decision: Hold

location: ⚠️ Fair 44%
marketRent: 📌 Good 93%
taxHistory: 📌 Good 100%
lotFeatures: 🚩 Poor 14%
marketDemand: 🚩 Poor 0%
propertyType: 📌 Good 100%
legalConsiderations: 📌 Good 100%
developmentFeasibility: ⚠️ Fair 48%
acquisitionVsMarketValue: 🚩 Poor -3%

Level 2 (Simulation)

**involves significant stress testing

Decision: Hold

location: City: Columbia 🚲 County: Richland County 🚲
price vs market value: ⚠️ Fair 40% Value Ratio: 1.01 💹 Current Price: $67,300.00 💸 Zestimate Price: $67,300.00 💸 Tax Assessed Value: $22,400.00 💸 Average Nearby Price: $66,850.00 💸
school trends: 📌 Good 75% Average School Rating: 6.00 💹
taxes: 📌 Good 100% Annual Tax: $1,042.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $283.00 💸 Total Annual Cost: $1,325.00 💸
rent potential: ⚠️ Fair 50% Estimated Rent Price: $1,485.00 💸
capitalization rate: 📌 Good 100% Simulated Rating: 20.58 💹
exit strategy: ⚠️ Fair 60% Time On Market: 7951 days 🕰️
year built: 🚩 Poor 0% Time Built: 1940 🕰️
property info: ⚠️ Fair 50% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 2 🏠 Home Living Area: 1008 🏠