Auction Property: 931 KINGSWOOD DR LLC

 


Owner's Name: 931 KINGSWOOD DR LLC

Location: 931 KINGSWOOD DR

Amount Owed: $1,805

Type: SINGLE_FAMILY

View:   View on Zillow     |   View on Realtor

Overall (Final)

Score: 6.29

Decision: 🚩 Do Not Buy  

Market Value: $98,713

Current Price: $137,600

Cost to Build: $102,000.00

10yr Cashflows: $134,838.33

Suggested Bid: $13,483.83 - $67,419.16

Cap Rate: 13.18%

** cap rate calculated based on Current Price 

Level 1 (Analysis)

Decision: Do Not Buy 🏅

location: ⚠️ Fair 51%
marketRent: 📌 Good 100%
taxHistory: 📌 Good 100%
lotFeatures: 🚩 Poor 12%
marketDemand: 🚩 Poor 0%
propertyType: 📌 Good 100%
legalConsiderations: 📌 Good 100%
developmentFeasibility: ⚠️ Fair 56%
acquisitionVsMarketValue: 🚩 Poor -197%

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: 1.39 💹 Current Price: $137,600.00 💸 Zestimate Price: $137,600.00 💸 Tax Assessed Value: $51,700.00 💸 Average Nearby Price: $98,712.50 💸
school trends: 📌 Good 75% Average School Rating: 6.00 💹
taxes: 📌 Good 100% Annual Tax: $1,643.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $578.00 💸 Total Annual Cost: $2,221.00 💸
rent potential: 📌 Good 75% Estimated Rent Price: $1,696.00 💸
capitalization rate: 📌 Good 88% Simulated Rating: 11.29 💹
exit strategy: ⚠️ Fair 60% Time On Market: 8349 days 🕰️
year built: 🚩 Poor 0% Time Built: 1945 🕰️
property info: ⚠️ Fair 50% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 2 🏠 Home Living Area: 850 🏠