Auction Property: WHITESIDE PHILLIP

 


Owner's Name: WHITESIDE PHILLIP

Location: 1112 BOB BROOKS CT

Amount Owed: $1,025

Type: SINGLE_FAMILY

View:   View on Zillow     |   View on Realtor

Overall (Final)

Score: 8.55

Decision: 🚩 Do Not Buy  

Market Value: $144,838

Current Price: $187,100

Cost to Build: $162,000.00

10yr Cashflows: $127,762.50

Suggested Bid: $12,776.25 - $63,881.25

Cap Rate: 9.42%

** cap rate calculated based on Current Price 

Level 1 (Analysis)

Decision: Do Not Buy 🏅

location: ⚠️ Fair 48%
marketRent: 📌 Good 100%
taxHistory: 📌 Good 100%
lotFeatures: 🚩 Poor 19%
marketDemand: ⚠️ Fair 50%
propertyType: 📌 Good 100%
legalConsiderations: 📌 Good 100%
developmentFeasibility: 🚩 Poor 30%
acquisitionVsMarketValue: 🚩 Poor -146%

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: 1.29 💹 Current Price: $187,100.00 💸 Zestimate Price: $187,100.00 💸 Tax Assessed Value: $66,200.00 💸 Average Nearby Price: $144,837.50 💸
school trends: ⚠️ Fair 50% Average School Rating: 3.33 💹
taxes: 📌 Good 100% Annual Tax: $865.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $786.00 💸 Total Annual Cost: $1,651.00 💸
rent potential: 📌 Good 75% Estimated Rent Price: $1,607.00 💸
capitalization rate: 📌 Good 75% Simulated Rating: 8.03 💹
exit strategy: 📌 Good 100% Time On Market: 0 🕰️
year built: 📌 Good 100% Time Built: 2013 🕰️
property info: 📌 Good 80% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 3 🏠 Home Living Area: 1350 🏠