Auction Property: DARIUS HART
Owner's Name: DARIUS HART
Location: 313 FORESTWOOD DR
Amount Owed: $919
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: 6.96
Decision: 🚩 Do Not Buy
Market Value: $82,265
Current Price: $109,100
Cost to Build: $124,200.00
10yr Cashflows: $118,858.08
Suggested Bid: $11,885.81 - $59,429.04
Cap Rate: 15.33%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Do Not Buy 🏅
| location: | 🚩 Poor 38% |
| marketRent: | 📌 Good 93% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 14% |
| marketDemand: | ⚠️ Fair 50% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | ⚠️ Fair 46% |
| acquisitionVsMarketValue: | 🚩 Poor -163% |
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: 1.33 💹 Current Price: $109,100.00 💸 Zestimate Price: $109,100.00 💸 Tax Assessed Value: $40,900.00 💸 Average Nearby Price: $82,265.00 💸 |
| school trends: | ⚠️ Fair 50% Average School Rating: 4.00 💹 |
| taxes: | 📌 Good 100% Annual Tax: $762.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $458.00 💸 Total Annual Cost: $1,220.00 💸 |
| rent potential: | ⚠️ Fair 50% Estimated Rent Price: $1,495.00 💸 |
| capitalization rate: | 📌 Good 100% Simulated Rating: 12.90 💹 |
| exit strategy: | 📌 Good 100% Time On Market: 0 🕰️ |
| year built: | 🚩 Poor 0% Time Built: 1972 🕰️ |
| property info: | 📌 Good 80% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 3 🏠 Home Living Area: 1035 🏠 |