Auction Property: YOUNG SHARONDA DENISE JTWRS
Owner's Name: YOUNG SHARONDA DENISE JTWRS
Location: 5514 FAIRFIELD RD
Amount Owed: $825
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: -0.57
Decision: 🚩 Do Not Buy
Market Value: $82,438
Current Price: $171,900
Cost to Build: $171,360.00
10yr Cashflows: $123,151.28
Suggested Bid: $12,315.13 - $61,575.64
Cap Rate: 8.72%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Do Not Buy 🏅
| location: | 🚩 Poor 33% |
| marketRent: | 📌 Good 97% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 20% |
| marketDemand: | 🚩 Poor 0% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | 🚩 Poor 26% |
| acquisitionVsMarketValue: | 🚩 Poor -543% |
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: 2.09 💹 Current Price: $171,900.00 💸 Zestimate Price: $171,900.00 💸 Tax Assessed Value: $90,100.00 💸 Average Nearby Price: $82,437.50 💸 |
| school trends: | ⚠️ Fair 50% Average School Rating: 3.00 💹 |
| taxes: | 📌 Good 75% Annual Tax: $2,868.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $722.00 💸 Total Annual Cost: $3,590.00 💸 |
| rent potential: | 📌 Good 75% Estimated Rent Price: $1,549.00 💸 |
| capitalization rate: | ⚠️ Fair 63% Simulated Rating: 7.20 💹 |
| exit strategy: | 📌 Good 100% Time On Market: 1210 days 🕰️ |
| year built: | ⚠️ Fair 63% Time Built: 1994 🕰️ |
| property info: | 📌 Good 80% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 3 🏠 Home Living Area: 1428 🏠 |