Auction Property: CROSBY HERBERT L JR & WENDEL
Owner's Name: CROSBY HERBERT L JR & WENDEL
Location: 4201 FARROW RD
Amount Owed: $1,041
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: 8.27
Decision: 🚩 Do Not Buy
Market Value: $26,575
Current Price: $28,500
Cost to Build: $198,000.00
10yr Cashflows: $119,573.61
Suggested Bid: $11,957.36 - $59,786.81
Cap Rate: Unknown
Level 1 (Analysis)
Decision: Do Not Buy
| location: | 🚩 Poor 14% |
| marketRent: | 📌 Good 94% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 23% |
| marketDemand: | ⚠️ Fair 50% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | 🚩 Poor 14% |
| acquisitionVsMarketValue: | 🚩 Poor -36% |
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: 1.07 💹 Current Price: $28,500.00 💸 Zestimate Price: $0.00 💸 Tax Assessed Value: $28,500.00 💸 Average Nearby Price: $26,575.00 💸 |
| school trends: | ⚠️ Fair 50% Average School Rating: 1.67 💹 |
| taxes: | 📌 Good 100% Annual Tax: $907.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $120.00 💸 Total Annual Cost: $1,027.00 💸 |
| rent potential: | 📌 Good 75% Estimated Rent Price: $1,504.00 💸 |
| capitalization rate: | 🚩 Poor 0% Simulated Rating: 0.00 💹 |
| exit strategy: | 📌 Good 100% Time On Market: 0 🕰️ |
| year built: | 🚩 Poor 0% Time Built: 1959 🕰️ |
| property info: | 📌 Good 80% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 4 🏠 Home Living Area: 1650 🏠 |