Auction Property: DENVER PROPERTIES INC
Owner's Name: DENVER PROPERTIES INC
Location: R200 WOODLANDS RIDGE RD
Amount Owed: $1,009
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: 8.35
Decision: 🚩 Do Not Buy
Market Value: $217,375
Current Price: $283,700
Cost to Build: $183,840.00
10yr Cashflows: $171,251.04
Suggested Bid: $17,125.10 - $85,625.52
Cap Rate: 8.22%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Do Not Buy 🏅
| location: | 📌 Good 70% |
| marketRent: | 📌 Good 100% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 21% |
| marketDemand: | 🚩 Poor 0% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | 🚩 Poor 20% |
| acquisitionVsMarketValue: | 🚩 Poor -153% |
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: 1.31 💹 Current Price: $283,700.00 💸 Zestimate Price: $283,700.00 💸 Tax Assessed Value: $155,100.00 💸 Average Nearby Price: $217,375.00 💸 |
| school trends: | ⚠️ Fair 50% Average School Rating: 4.67 💹 |
| taxes: | 📌 Good 100% Annual Tax: $1,330.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $1,192.00 💸 Total Annual Cost: $2,522.00 💸 |
| rent potential: | 📌 Good 100% Estimated Rent Price: $2,154.00 💸 |
| capitalization rate: | ⚠️ Fair 63% Simulated Rating: 7.35 💹 |
| exit strategy: | ⚠️ Fair 60% Time On Market: 7243 days 🕰️ |
| year built: | ⚠️ Fair 63% Time Built: 1994 🕰️ |
| property info: | 📌 Good 80% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 4 🏠 Home Living Area: 1532 🏠 |