Auction Property: BRIDGETT VELICIA ETAL
Owner's Name: BRIDGETT VELICIA ETAL
Location: 525 ROMFORD RD
Amount Owed: $4,220
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: 7.39
Decision: 🚩 Do Not Buy
Market Value: $167,538
Current Price: $227,100
Cost to Build: $475,200.00
10yr Cashflows: $191,763.00
Suggested Bid: $19,176.30 - $95,881.50
Cap Rate: 10.74%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Do Not Buy 🏅
| location: | ⚠️ Fair 48% |
| marketRent: | 📌 Good 100% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | ⚠️ Fair 55% |
| marketDemand: | ⚠️ Fair 50% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | 🚩 Poor 0% |
| acquisitionVsMarketValue: | 🚩 Poor -178% |
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: 1.36 💹 Current Price: $227,100.00 💸 Zestimate Price: $227,100.00 💸 Tax Assessed Value: $124,800.00 💸 Average Nearby Price: $167,537.50 💸 |
| school trends: | ⚠️ Fair 50% Average School Rating: 2.33 💹 |
| taxes: | ⚠️ Fair 50% Annual Tax: $3,610.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $954.00 💸 Total Annual Cost: $4,564.00 💸 |
| rent potential: | 📌 Good 100% Estimated Rent Price: $2,412.00 💸 |
| capitalization rate: | 📌 Good 75% Simulated Rating: 9.67 💹 |
| exit strategy: | 📌 Good 100% Time On Market: 0 🕰️ |
| year built: | 🚩 Poor 0% Time Built: 1965 🕰️ |
| property info: | 📌 Good 100% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 4 🏠 Home Living Area: 3960 🏠 |