Auction Property: 5911 COLONIAL DRIVE LLC
Owner's Name: 5911 COLONIAL DRIVE LLC
Location: 746 VERNON ST
Amount Owed: $1,695
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: 7.35
Decision: 🚩 Do Not Buy
Market Value: $91,775
Current Price: $111,100
Cost to Build: $180,480.00
10yr Cashflows: $95,404.48
Suggested Bid: $9,540.45 - $47,702.24
Cap Rate: 11.16%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Do Not Buy 🏅
| location: | 🚩 Poor 35% |
| marketRent: | 📌 Good 75% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 21% |
| marketDemand: | 🚩 Poor 0% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | 🚩 Poor 22% |
| acquisitionVsMarketValue: | 🚩 Poor -105% |
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: 1.21 💹 Current Price: $111,100.00 💸 Zestimate Price: $111,100.00 💸 Tax Assessed Value: $48,400.00 💸 Average Nearby Price: $91,775.00 💸 |
| school trends: | ⚠️ Fair 50% Average School Rating: 3.00 💹 |
| taxes: | 📌 Good 100% Annual Tax: $1,537.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $467.00 💸 Total Annual Cost: $2,004.00 💸 |
| rent potential: | ⚠️ Fair 50% Estimated Rent Price: $1,200.00 💸 |
| capitalization rate: | 📌 Good 75% Simulated Rating: 8.72 💹 |
| exit strategy: | ⚠️ Fair 60% Time On Market: 6543 days 🕰️ |
| year built: | 🚩 Poor 0% Time Built: 1953 🕰️ |
| property info: | 📌 Good 80% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 3 🏠 Home Living Area: 1504 🏠 |