Auction Property: BOYTE CHARLES O
Owner's Name: BOYTE CHARLES O
Location: NX5225 FAIRFIELD RD
Amount Owed: $727
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: -70.18
Decision: 🚩 Do Not Buy
Market Value: $16,250
Current Price: $144,700
Cost to Build: $223,440.00
10yr Cashflows: $111,941.25
Suggested Bid: $11,194.13 - $55,970.63
Cap Rate: 11.24%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Do Not Buy
| location: | 🚩 Poor 15% |
| marketRent: | 📌 Good 88% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 26% |
| marketDemand: | 🚩 Poor 0% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | 🚩 Poor 3% |
| acquisitionVsMarketValue: | 🚩 Poor -3,952% |
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: 8.90 💹 Current Price: $144,700.00 💸 Zestimate Price: $144,700.00 💸 Tax Assessed Value: $1,000.00 💸 Average Nearby Price: $16,250.00 💸 |
| school trends: | ⚠️ Fair 50% Average School Rating: 2.33 💹 |
| taxes: | 📌 Good 100% Annual Tax: $29.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $608.00 💸 Total Annual Cost: $637.00 💸 |
| rent potential: | ⚠️ Fair 50% Estimated Rent Price: $1,408.00 💸 |
| capitalization rate: | 📌 Good 75% Simulated Rating: 9.40 💹 |
| exit strategy: | 📌 Good 100% Time On Market: 10940 days 🕰️ |
| year built: | 🚩 Poor 0% Time Built: 1950 🕰️ |
| property info: | ⚠️ Fair 50% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: null 🏠 Home Living Area: 1862 🏠 |