Auction Property: BRADLEY BENJAMIN P

 


Owner's Name: BRADLEY BENJAMIN P

Location: 5830 SALEM DR

Amount Owed: $771

Type: SINGLE_FAMILY

View:   View on Zillow     |   View on Realtor

Overall (Final)

Score: 8.71

Decision: 🚩 Do Not Buy  

Market Value: $166,838

Current Price: $184,700

Cost to Build: $188,640.00

10yr Cashflows: $111,623.24

Suggested Bid: $11,162.32 - $55,811.62

Cap Rate: 8.36%

** cap rate calculated based on Current Price 

Level 1 (Analysis)

Decision: Hold

location: ⚠️ Fair 51%
marketRent: 📌 Good 88%
taxHistory: 📌 Good 100%
lotFeatures: 🚩 Poor 22%
marketDemand: 🚩 Poor 0%
propertyType: 📌 Good 100%
legalConsiderations: 📌 Good 100%
developmentFeasibility: 🚩 Poor 18%
acquisitionVsMarketValue: 🚩 Poor -54%

Level 2 (Simulation)

**involves significant stress testing

Decision: Hold

location: City: Columbia 🚲 County: Richland County 🚲
price vs market value: ⚠️ Fair 40% Value Ratio: 1.11 💹 Current Price: $184,700.00 💸 Zestimate Price: $184,700.00 💸 Tax Assessed Value: $82,800.00 💸 Average Nearby Price: $166,837.50 💸
school trends: ⚠️ Fair 50% Average School Rating: 3.00 💹
taxes: 📌 Good 100% Annual Tax: $622.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $776.00 💸 Total Annual Cost: $1,398.00 💸
rent potential: ⚠️ Fair 50% Estimated Rent Price: $1,404.00 💸
capitalization rate: ⚠️ Fair 63% Simulated Rating: 6.92 💹
exit strategy: ⚠️ Fair 60% Time On Market: 6737 days 🕰️
year built: 🚩 Poor 0% Time Built: 1965 🕰️
property info: 📌 Good 80% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 3 🏠 Home Living Area: 1572 🏠