Auction Property: BRANHAM POLLY J &

 


Owner's Name: BRANHAM POLLY J &

Location: 10 NEWPORT DR

Amount Owed: $1,499

Type: SINGLE_FAMILY

View:   View on Zillow     |   View on Realtor

Overall (Final)

Score: 9.51

Decision: 🚩 Do Not Buy  

Market Value: $196,113

Current Price: $212,200

Cost to Build: $226,560.00

10yr Cashflows: $140,324.09

Suggested Bid: $14,032.41 - $70,162.04

Cap Rate: 8.94%

** cap rate calculated based on Current Price 

Level 1 (Analysis)

Decision: Hold

location: ⚠️ Fair 61%
marketRent: 📌 Good 100%
taxHistory: 📌 Good 100%
lotFeatures: 🚩 Poor 26%
marketDemand: 🚩 Poor 0%
propertyType: 📌 Good 100%
legalConsiderations: 📌 Good 100%
developmentFeasibility: 🚩 Poor 2%
acquisitionVsMarketValue: 🚩 Poor -41%

Level 2 (Simulation)

**involves significant stress testing

Decision: Hold

location: City: Columbia 🚲 County: Richland County 🚲
price vs market value: ⚠️ Fair 40% Value Ratio: 1.08 💹 Current Price: $212,200.00 💸 Zestimate Price: $212,200.00 💸 Tax Assessed Value: $101,300.00 💸 Average Nearby Price: $196,112.50 💸
school trends: ⚠️ Fair 50% Average School Rating: 3.67 💹
taxes: 📌 Good 100% Annual Tax: $1,314.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $891.00 💸 Total Annual Cost: $2,205.00 💸
rent potential: 📌 Good 75% Estimated Rent Price: $1,765.00 💸
capitalization rate: ⚠️ Fair 63% Simulated Rating: 7.73 💹
exit strategy: ⚠️ Fair 60% Time On Market: 6930 days 🕰️
year built: 🚩 Poor 0% Time Built: 1963 🕰️
property info: 📌 Good 80% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 3 🏠 Home Living Area: 1888 🏠