Auction Property: DENVER PROPERTIES INC

 


Owner's Name: DENVER PROPERTIES INC

Location: NX124 WOODLANDS RIDGE RD

Amount Owed: $1,009

Type: SINGLE_FAMILY

View:   View on Zillow     |   View on Realtor

Overall (Final)

Score: 10.86

Decision: ⚠️ Consider  

Market Value: $202,889

Current Price: $184,600

Cost to Build: $0.00

10yr Cashflows: $118,699.07

Suggested Bid: $11,869.91 - $59,349.54

Cap Rate: 9.28%

** cap rate calculated based on Current Price 

Level 1 (Analysis)

Decision: Do Not Buy

location: ⚠️ Fair 67%
marketRent: 📌 Good 93%
taxHistory: 📌 Good 100%
lotFeatures: 🚩 Poor 35%
marketDemand: 🚩 Poor 0%
propertyType: 📌 Good 100%
legalConsiderations: 📌 Good 100%
developmentFeasibility: 🚩 Poor 0%
acquisitionVsMarketValue: ⚠️ Fair 45%

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: 0.91 💹 Current Price: $184,600.00 💸 Zestimate Price: $184,600.00 💸 Tax Assessed Value: $200.00 💸 Average Nearby Price: $202,888.75 💸
school trends: ⚠️ Fair 50% Average School Rating: 4.67 💹
taxes: 📌 Good 100% Annual Tax: $12.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $775.00 💸 Total Annual Cost: $787.00 💸
rent potential: ⚠️ Fair 50% Estimated Rent Price: $1,493.00 💸
capitalization rate: ⚠️ Fair 63% Simulated Rating: 7.85 💹
exit strategy: 📌 Good 100% Time On Market: 11456 days 🕰️
year built: 🚩 Poor 0% Time Built: 0 🕰️
property info: ⚠️ Fair 50% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: null 🏠 Home Living Area: 450 sqft 🏠