Auction Property: CSP 8 INVESTMENTS LLC
Owner's Name: CSP 8 INVESTMENTS LLC
Location: R1557 JEROME DR
Amount Owed: $378
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: -7.75
Decision: 🚩 Do Not Buy
Market Value: $29,422
Current Price: $76,800
Cost to Build: $83,760.00
10yr Cashflows: $78,788.20
Suggested Bid: $7,878.82 - $39,394.10
Cap Rate: 15.03%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Do Not Buy
| location: | 🚩 Poor 18% |
| marketRent: | ⚠️ Fair 62% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 10% |
| marketDemand: | 🚩 Poor 0% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | ⚠️ Fair 64% |
| acquisitionVsMarketValue: | 🚩 Poor -805% |
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: 2.61 💹 Current Price: $76,800.00 💸 Zestimate Price: $76,800.00 💸 Tax Assessed Value: $1,000.00 💸 Average Nearby Price: $29,421.63 💸 |
| school trends: | ⚠️ Fair 50% Average School Rating: 2.33 💹 |
| taxes: | 📌 Good 100% Annual Tax: $29.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $323.00 💸 Total Annual Cost: $352.00 💸 |
| rent potential: | 🚩 Poor 0% Estimated Rent Price: $991.00 💸 |
| capitalization rate: | 📌 Good 88% Simulated Rating: 11.43 💹 |
| exit strategy: | 📌 Good 100% Time On Market: 2340 days 🕰️ |
| year built: | 🚩 Poor 0% Time Built: 1955 🕰️ |
| property info: | ⚠️ Fair 50% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 2 🏠 Home Living Area: 698 🏠 |