Auction Property: WRIGHT RAYMOND SR ETAL

 


Owner's Name: WRIGHT RAYMOND SR ETAL

Location: 336 CHARWOOD DR

Amount Owed: $2,469

Type: SINGLE_FAMILY

View:   View on Zillow     |   View on Realtor

Overall (Final)

Score: 7.10

Decision: 🚩 Do Not Buy  

Market Value: $87,088

Current Price: $117,800

Cost to Build: $122,400.00

10yr Cashflows: $143,822.25

Suggested Bid: $14,382.23 - $71,911.13

Cap Rate: 17.35%

** cap rate calculated based on Current Price 

Level 1 (Analysis)

Decision: Do Not Buy 🏅

location: ⚠️ Fair 42%
marketRent: 📌 Good 100%
taxHistory: 📌 Good 100%
lotFeatures: 🚩 Poor 14%
marketDemand: ⚠️ Fair 50%
propertyType: 📌 Good 100%
legalConsiderations: 📌 Good 100%
developmentFeasibility: ⚠️ Fair 47%
acquisitionVsMarketValue: 🚩 Poor -176%

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: 1.35 💹 Current Price: $117,800.00 💸 Zestimate Price: $117,800.00 💸 Tax Assessed Value: $50,600.00 💸 Average Nearby Price: $87,087.50 💸
school trends: ⚠️ Fair 50% Average School Rating: 4.67 💹
taxes: 📌 Good 100% Annual Tax: $771.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $495.00 💸 Total Annual Cost: $1,266.00 💸
rent potential: 📌 Good 75% Estimated Rent Price: $1,809.00 💸
capitalization rate: 📌 Good 100% Simulated Rating: 15.18 💹
exit strategy: 📌 Good 100% Time On Market: 0 🕰️
year built: 🚩 Poor 0% Time Built: 1970 🕰️
property info: 📌 Good 80% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 3 🏠 Home Living Area: 1020 🏠