Auction Property: DAVIS BELINDA

 


Owner's Name: DAVIS BELINDA

Location: 105 HERON DR

Amount Owed: $713

Type: SINGLE_FAMILY

View:   View on Zillow     |   View on Realtor

Overall (Final)

Score: 13.14

Decision: 💎 Strong Buy  

Market Value: $115,650

Current Price: $6,200

Cost to Build: $174,000.00

10yr Cashflows: $117,347.51

Suggested Bid: $11,734.75 - $58,673.75

Cap Rate: 14.8%

** cap rate calculated based on Market Value 

Level 1 (Analysis)

Decision: Buy 🏅

location: 🚩 Poor 37%
marketRent: 📌 Good 92%
taxHistory: 📌 Good 100%
lotFeatures: 🚩 Poor 20%
marketDemand: 🚩 Poor 0%
propertyType: 📌 Good 100%
legalConsiderations: 📌 Good 100%
developmentFeasibility: 🚩 Poor 25%
acquisitionVsMarketValue: 📌 Good 100%

Level 2 (Simulation)

**involves significant stress testing

Decision: Buy 🏅

location: City: Columbia 🚲 County: Richland County 🚲
price vs market value: 📌 Good 80% Value Ratio: 0.05 💹 Current Price: $6,200.00 💸 Zestimate Price: $0.00 💸 Tax Assessed Value: $6,200.00 💸 Average Nearby Price: $115,650.00 💸
school trends: ⚠️ Fair 50% Average School Rating: 2.33 💹
taxes: 📌 Good 100% Annual Tax: $567.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $26.00 💸 Total Annual Cost: $593.00 💸
rent potential: ⚠️ Fair 50% Estimated Rent Price: $1,476.00 💸
capitalization rate: 📌 Good 100% Simulated Rating: 12.69 💹
exit strategy: ⚠️ Fair 60% Time On Market: 8342 days 🕰️
year built: ⚠️ Fair 63% Time Built: 1993 🕰️
property info: 📌 Good 80% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 3 🏠 Home Living Area: 1450 🏠