Auction Property: WILLIAMS VANNIE JR

 


Owner's Name: WILLIAMS VANNIE JR

Location: 51 HUNTERS POND DR

Amount Owed: $2,382

Type: SINGLE_FAMILY

View:   View on Zillow     |   View on Realtor

Overall (Final)

Score: 8.82

Decision: 🚩 Do Not Buy  

Market Value: $276,500

Current Price: $351,000

Cost to Build: $305,520.00

10yr Cashflows: $175,305.73

Suggested Bid: $17,530.57 - $87,652.86

Cap Rate: 6.36%

** cap rate calculated based on Current Price 

Level 1 (Analysis)

Decision: Do Not Buy 🏅

location: 📌 Good 75%
marketRent: 📌 Good 100%
taxHistory: 📌 Good 100%
lotFeatures: 🚩 Poor 36%
marketDemand: 🚩 Poor 0%
propertyType: 📌 Good 100%
legalConsiderations: 📌 Good 80%
developmentFeasibility: 🚩 Poor 0%
acquisitionVsMarketValue: 🚩 Poor -135%

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: 1.27 💹 Current Price: $351,000.00 💸 Zestimate Price: $351,000.00 💸 Tax Assessed Value: $197,400.00 💸 Average Nearby Price: $276,500.00 💸
school trends: 📌 Good 75% Average School Rating: 5.00 💹
taxes: ⚠️ Fair 50% Annual Tax: $2,162.00 💸 Monthly Hoa Tax: $42.00 💸 Annual Insurance: $1,474.00 💸 Total Annual Cost: $4,140.00 💸
rent potential: 📌 Good 100% Estimated Rent Price: $2,205.00 💸
capitalization rate: 🚩 Poor 38% Simulated Rating: 5.66 💹
exit strategy: 📌 Good 100% Time On Market: 2940 days 🕰️
year built: ⚠️ Fair 63% Time Built: 1992 🕰️
property info: 📌 Good 100% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 4 🏠 Home Living Area: 2546 🏠