Auction Property: WILLIAMS BEVERLY & ALEXANDER

 


Owner's Name: WILLIAMS BEVERLY & ALEXANDER

Location: 1632 RIPPLEROCK RD

Amount Owed: $1,211

Type: SINGLE_FAMILY

View:   View on Zillow     |   View on Realtor

Overall (Final)

Score: 9.94

Decision: 🚩 Do Not Buy  

Market Value: $173,106

Current Price: $184,100

Cost to Build: $216,480.00

10yr Cashflows: $127,046.96

Suggested Bid: $12,704.70 - $63,523.48

Cap Rate: 9.43%

** cap rate calculated based on Current Price 

Level 1 (Analysis)

Decision: Hold

location: ⚠️ Fair 54%
marketRent: 📌 Good 100%
taxHistory: 📌 Good 100%
lotFeatures: 🚩 Poor 25%
marketDemand: ⚠️ Fair 50%
propertyType: 📌 Good 100%
legalConsiderations: 📌 Good 100%
developmentFeasibility: 🚩 Poor 6%
acquisitionVsMarketValue: 🚩 Poor -32%

Level 2 (Simulation)

**involves significant stress testing

Decision: Hold

location: City: Columbia 🚲 County: Richland County 🚲
price vs market value: ⚠️ Fair 40% Value Ratio: 1.06 💹 Current Price: $184,100.00 💸 Zestimate Price: $184,100.00 💸 Tax Assessed Value: $90,700.00 💸 Average Nearby Price: $173,106.25 💸
school trends: ⚠️ Fair 50% Average School Rating: 3.33 💹
taxes: 📌 Good 100% Annual Tax: $1,042.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $773.00 💸 Total Annual Cost: $1,815.00 💸
rent potential: 📌 Good 75% Estimated Rent Price: $1,598.00 💸
capitalization rate: 📌 Good 75% Simulated Rating: 8.01 💹
exit strategy: 📌 Good 100% Time On Market: 0 🕰️
year built: 🚩 Poor 0% Time Built: 1968 🕰️
property info: 📌 Good 80% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 3 🏠 Home Living Area: 1804 🏠