Auction Property: DOWNING STREET LLC

 


Owner's Name: DOWNING STREET LLC

Location: 1 DOWNING ST

Amount Owed: $5,815

Type: SINGLE_FAMILY

View:   View on Zillow     |   View on Realtor

Overall (Final)

Score: 7.16

Decision: 🚩 Do Not Buy  

Market Value: $217,588

Current Price: $309,600

Cost to Build: $432,000.00

10yr Cashflows: $196,692.23

Suggested Bid: $19,669.22 - $98,346.12

Cap Rate: 7.39%

** cap rate calculated based on Current Price 

Level 1 (Analysis)

Decision: Do Not Buy 🏅

location: 📌 Good 80%
marketRent: 📌 Good 100%
taxHistory: 📌 Good 100%
lotFeatures: ⚠️ Fair 50%
marketDemand: 🚩 Poor 0%
propertyType: 📌 Good 100%
legalConsiderations: 📌 Good 100%
developmentFeasibility: 🚩 Poor 0%
acquisitionVsMarketValue: 🚩 Poor -211%

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: 1.42 💹 Current Price: $309,600.00 💸 Zestimate Price: $309,600.00 💸 Tax Assessed Value: $173,200.00 💸 Average Nearby Price: $217,587.50 💸
school trends: 📌 Good 75% Average School Rating: 6.67 💹
taxes: ⚠️ Fair 50% Annual Tax: $5,508.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $1,300.00 💸 Total Annual Cost: $6,808.00 💸
rent potential: 📌 Good 100% Estimated Rent Price: $2,474.00 💸
capitalization rate: ⚠️ Fair 63% Simulated Rating: 6.61 💹
exit strategy: ⚠️ Fair 60% Time On Market: 5745 days 🕰️
year built: 🚩 Poor 0% Time Built: 1962 🕰️
property info: 📌 Good 100% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 6 🏠 Home Living Area: 3600 🏠