Auction Property: BUSH ALBERT H
Owner's Name: BUSH ALBERT H
Location: 169 NEWCASTLE DR
Amount Owed: $4,232
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: 3.27
Decision: 🚩 Do Not Buy
Market Value: $120,738
Current Price: $215,100
Cost to Build: $262,560.00
10yr Cashflows: $159,086.97
Suggested Bid: $15,908.70 - $79,543.48
Cap Rate: 9.09%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Do Not Buy 🏅
| location: | ⚠️ Fair 46% |
| marketRent: | 📌 Good 100% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 31% |
| marketDemand: | ⚠️ Fair 50% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | 🚩 Poor 0% |
| acquisitionVsMarketValue: | 🚩 Poor -391% |
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: 1.78 💹 Current Price: $215,100.00 💸 Zestimate Price: $215,100.00 💸 Tax Assessed Value: $96,300.00 💸 Average Nearby Price: $120,737.50 💸 |
| school trends: | ⚠️ Fair 50% Average School Rating: 4.00 💹 |
| taxes: | ⚠️ Fair 50% Annual Tax: $3,558.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $903.00 💸 Total Annual Cost: $4,461.00 💸 |
| rent potential: | 📌 Good 100% Estimated Rent Price: $2,001.00 💸 |
| capitalization rate: | ⚠️ Fair 63% Simulated Rating: 7.92 💹 |
| exit strategy: | 📌 Good 100% Time On Market: 0 🕰️ |
| year built: | 📌 Good 100% Time Built: 2020 🕰️ |
| property info: | 📌 Good 80% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 3 🏠 Home Living Area: 2188 🏠 |