Auction Property: WILSON BERNARD
Owner's Name: WILSON BERNARD
Location: 163 REDWOOD CT
Amount Owed: $955
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: 8.12
Decision: 🚩 Do Not Buy
Market Value: $90,175
Current Price: $114,600
Cost to Build: $158,400.00
10yr Cashflows: $115,518.92
Suggested Bid: $11,551.89 - $57,759.46
Cap Rate: 14.46%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Do Not Buy 🏅
| location: | 🚩 Poor 40% |
| marketRent: | 📌 Good 91% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 18% |
| marketDemand: | ⚠️ Fair 50% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | 🚩 Poor 31% |
| 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: $114,600.00 💸 Zestimate Price: $114,600.00 💸 Tax Assessed Value: $44,700.00 💸 Average Nearby Price: $90,175.00 💸 |
| school trends: | ⚠️ Fair 50% Average School Rating: 4.00 💹 |
| taxes: | 📌 Good 100% Annual Tax: $386.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $481.00 💸 Total Annual Cost: $867.00 💸 |
| rent potential: | ⚠️ Fair 50% Estimated Rent Price: $1,453.00 💸 |
| capitalization rate: | 📌 Good 100% Simulated Rating: 12.14 💹 |
| exit strategy: | 📌 Good 100% Time On Market: 0 🕰️ |
| year built: | ⚠️ Fair 63% Time Built: 1989 🕰️ |
| property info: | 📌 Good 80% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 3 🏠 Home Living Area: 1320 🏠 |