Auction Property: DAMON SKYLAR
Owner's Name: DAMON SKYLAR
Location: 1210 BROCKINGTON RD
Amount Owed: $377
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: -7.53
Decision: 🚩 Do Not Buy
Market Value: $79,838
Current Price: $222,900
Cost to Build: $275,880.00
10yr Cashflows: $166,003.79
Suggested Bid: $16,600.38 - $83,001.90
Cap Rate: 10.36%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Do Not Buy 🏅
| location: | 🚩 Poor 29% |
| marketRent: | 📌 Good 100% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 32% |
| marketDemand: | ⚠️ Fair 50% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | 🚩 Poor 0% |
| acquisitionVsMarketValue: | 🚩 Poor -896% |
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: 2.79 💹 Current Price: $222,900.00 💸 Zestimate Price: $222,900.00 💸 Tax Assessed Value: $99,900.00 💸 Average Nearby Price: $79,837.50 💸 |
| school trends: | ⚠️ Fair 50% Average School Rating: 2.33 💹 |
| taxes: | 📌 Good 100% Annual Tax: $1,030.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $936.00 💸 Total Annual Cost: $1,966.00 💸 |
| rent potential: | 📌 Good 100% Estimated Rent Price: $2,088.00 💸 |
| capitalization rate: | 📌 Good 75% Simulated Rating: 9.24 💹 |
| exit strategy: | 📌 Good 100% Time On Market: 0 🕰️ |
| year built: | 🚩 Poor 0% Time Built: 1973 🕰️ |
| property info: | 📌 Good 80% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 4 🏠 Home Living Area: 2299 🏠 |