Auction Property: YOUNG SHARON
Owner's Name: YOUNG SHARON
Location: 1504 HARD SCRABBLE RD
Amount Owed: $807
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: 5.99
Decision: 🚩 Do Not Buy
Market Value: $114,338
Current Price: $172,800
Cost to Build: $146,880.00
10yr Cashflows: $121,322.70
Suggested Bid: $12,132.27 - $60,661.35
Cap Rate: 9.8%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Do Not Buy 🏅
| location: | ⚠️ Fair 45% |
| marketRent: | 📌 Good 95% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 17% |
| marketDemand: | 🚩 Poor 0% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | 🚩 Poor 36% |
| acquisitionVsMarketValue: | 🚩 Poor -256% |
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: 1.51 💹 Current Price: $172,800.00 💸 Zestimate Price: $172,800.00 💸 Tax Assessed Value: $87,400.00 💸 Average Nearby Price: $114,337.50 💸 |
| school trends: | ⚠️ Fair 50% Average School Rating: 4.00 💹 |
| taxes: | 📌 Good 100% Annual Tax: $657.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $726.00 💸 Total Annual Cost: $1,383.00 💸 |
| rent potential: | 📌 Good 75% Estimated Rent Price: $1,526.00 💸 |
| capitalization rate: | 📌 Good 75% Simulated Rating: 8.27 💹 |
| exit strategy: | ⚠️ Fair 60% Time On Market: 6081 days 🕰️ |
| year built: | 📌 Good 100% Time Built: 2012 🕰️ |
| property info: | 📌 Good 80% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 3 🏠 Home Living Area: 1224 🏠 |