Auction Property: CHAMPIONS AT OUR BEST LLC
Owner's Name: CHAMPIONS AT OUR BEST LLC
Location: 253 SAVANNAH DR
Amount Owed: $1,765
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: 6.38
Decision: 🚩 Do Not Buy
Market Value: $74,563
Current Price: $100,500
Cost to Build: $151,920.00
10yr Cashflows: $112,259.27
Suggested Bid: $11,225.93 - $56,129.63
Cap Rate: 14.88%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Do Not Buy 🏅
| location: | 🚩 Poor 28% |
| marketRent: | 📌 Good 88% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 18% |
| marketDemand: | 🚩 Poor 0% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | 🚩 Poor 34% |
| acquisitionVsMarketValue: | 🚩 Poor -174% |
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: 1.35 💹 Current Price: $100,500.00 💸 Zestimate Price: $100,500.00 💸 Tax Assessed Value: $40,300.00 💸 Average Nearby Price: $74,562.50 💸 |
| school trends: | ⚠️ Fair 50% Average School Rating: 2.33 💹 |
| taxes: | 📌 Good 100% Annual Tax: $1,572.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $422.00 💸 Total Annual Cost: $1,994.00 💸 |
| rent potential: | ⚠️ Fair 50% Estimated Rent Price: $1,412.00 💸 |
| capitalization rate: | 📌 Good 100% Simulated Rating: 12.23 💹 |
| exit strategy: | 📌 Good 100% Time On Market: 2880 days 🕰️ |
| year built: | 🚩 Poor 0% Time Built: 1979 🕰️ |
| property info: | 📌 Good 80% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 3 🏠 Home Living Area: 1266 🏠 |