Auction Property: COBB SAMMIE
Owner's Name: COBB SAMMIE
Location: 523 PATIO DR
Amount Owed: $1,372
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: 11.15
Decision: ⚠️ Consider
Market Value: $297,163
Current Price: $281,300
Cost to Build: $235,920.00
10yr Cashflows: $137,064.43
Suggested Bid: $13,706.44 - $68,532.22
Cap Rate: 6.55%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Buy 🏅
| location: | 📌 Good 72% |
| marketRent: | 📌 Good 100% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 28% |
| marketDemand: | 🚩 Poor 0% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | 🚩 Poor 0% |
| acquisitionVsMarketValue: | 🚩 Poor 27% |
Level 2 (Simulation)
**involves significant stress testing
Decision: Buy 🏅
| location: | City: Columbia 🚲 County: Richland County 🚲 |
| price vs market value: | ⚠️ Fair 40% Value Ratio: 0.95 💹 Current Price: $281,300.00 💸 Zestimate Price: $281,300.00 💸 Tax Assessed Value: $158,400.00 💸 Average Nearby Price: $297,162.50 💸 |
| school trends: | ⚠️ Fair 50% Average School Rating: 4.33 💹 |
| taxes: | 📌 Good 100% Annual Tax: $1,088.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $1,181.00 💸 Total Annual Cost: $2,269.00 💸 |
| rent potential: | 📌 Good 75% Estimated Rent Price: $1,724.00 💸 |
| capitalization rate: | 🚩 Poor 38% Simulated Rating: 5.63 💹 |
| exit strategy: | 📌 Good 100% Time On Market: 1839 days 🕰️ |
| year built: | ⚠️ Fair 63% Time Built: 1998 🕰️ |
| property info: | ⚠️ Fair 50% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 2 🏠 Home Living Area: 1966 🏠 |