Auction Property: CADENCE BANK

 


Owner's Name: CADENCE BANK

Location: 165 WOODVALE CIR

Amount Owed: $949

Type: SINGLE_FAMILY

View:   View on Zillow     |   View on Realtor

Overall (Final)

Score: 10.10

Decision: ⚠️ Consider  

Market Value: $89,113

Current Price: $86,700

Cost to Build: $143,040.00

10yr Cashflows: $110,907.71

Suggested Bid: $11,090.77 - $55,453.85

Cap Rate: 17.97%

** cap rate calculated based on Current Price 

Level 1 (Analysis)

Decision: Hold

location: 🚩 Poor 34%
marketRent: 📌 Good 87%
taxHistory: 📌 Good 100%
lotFeatures: 🚩 Poor 17%
marketDemand: 🚩 Poor 0%
propertyType: 📌 Good 100%
legalConsiderations: 📌 Good 100%
developmentFeasibility: 🚩 Poor 38%
acquisitionVsMarketValue: 🚩 Poor 14%

Level 2 (Simulation)

**involves significant stress testing

Decision: Hold

location: City: Columbia 🚲 County: Richland County 🚲
price vs market value: ⚠️ Fair 40% Value Ratio: 0.97 💹 Current Price: $86,700.00 💸 Zestimate Price: $86,700.00 💸 Tax Assessed Value: $13,800.00 💸 Average Nearby Price: $89,112.50 💸
school trends: ⚠️ Fair 50% Average School Rating: 3.00 💹
taxes: 📌 Good 100% Annual Tax: $793.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $364.00 💸 Total Annual Cost: $1,157.00 💸
rent potential: ⚠️ Fair 50% Estimated Rent Price: $1,395.00 💸
capitalization rate: 📌 Good 100% Simulated Rating: 14.90 💹
exit strategy: ⚠️ Fair 60% Time On Market: 6135 days 🕰️
year built: 🚩 Poor 0% Time Built: 1970 🕰️
property info: 📌 Good 80% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 3 🏠 Home Living Area: 1192 🏠