Auction Property: 1716 PRESCOTT LLC

 


Owner's Name: 1716 PRESCOTT LLC

Location: 1716 PRESCOTT RD

Amount Owed: $1,008

Type: SINGLE_FAMILY

View:   View on Zillow     |   View on Realtor

Overall (Final)

Score: -19.77

Decision: 🚩 Do Not Buy  

Market Value: $45,688

Current Price: $183,500

Cost to Build: $274,560.00

10yr Cashflows: $172,841.11

Suggested Bid: $17,284.11 - $86,420.56

Cap Rate: 13.32%

** cap rate calculated based on Current Price 

Level 1 (Analysis)

Decision: Do Not Buy 🏅

location: 🚩 Poor 28%
marketRent: 📌 Good 100%
taxHistory: 📌 Good 100%
lotFeatures: 🚩 Poor 32%
marketDemand: 🚩 Poor 0%
propertyType: 📌 Good 100%
legalConsiderations: 📌 Good 100%
developmentFeasibility: 🚩 Poor 0%
acquisitionVsMarketValue: 🚩 Poor -1,508%

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: 4.02 💹 Current Price: $183,500.00 💸 Zestimate Price: $183,500.00 💸 Tax Assessed Value: $27,500.00 💸 Average Nearby Price: $45,687.50 💸
school trends: ⚠️ Fair 50% Average School Rating: 3.67 💹
taxes: 📌 Good 100% Annual Tax: $875.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $771.00 💸 Total Annual Cost: $1,646.00 💸
rent potential: 📌 Good 100% Estimated Rent Price: $2,174.00 💸
capitalization rate: 📌 Good 88% Simulated Rating: 11.97 💹
exit strategy: 📌 Good 100% Time On Market: 2833 days 🕰️
year built: 🚩 Poor 0% Time Built: 1960 🕰️
property info: 📌 Good 80% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 5 🏠 Home Living Area: 2288 🏠