Auction Property: ETHEREDGE DAVID E
Owner's Name: ETHEREDGE DAVID E
Location: 1000 NEWNHAM DR
Amount Owed: $3,541
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: 9.18
Decision: 🚩 Do Not Buy
Market Value: $158,313
Current Price: $172,100
Cost to Build: $157,920.00
10yr Cashflows: $124,900.36
Suggested Bid: $12,490.04 - $62,450.18
Cap Rate: 8.63%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Hold
| location: | ⚠️ Fair 51% |
| marketRent: | 📌 Good 98% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 18% |
| marketDemand: | 🚩 Poor 0% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | 🚩 Poor 32% |
| acquisitionVsMarketValue: | 🚩 Poor -44% |
Level 2 (Simulation)
**involves significant stress testing
Decision: Hold
| location: | City: Columbia 🚲 County: Richland County 🚲 |
| price vs market value: | ⚠️ Fair 40% Value Ratio: 1.09 💹 Current Price: $172,100.00 💸 Zestimate Price: $172,100.00 💸 Tax Assessed Value: $98,000.00 💸 Average Nearby Price: $158,312.50 💸 |
| school trends: | ⚠️ Fair 50% Average School Rating: 3.33 💹 |
| taxes: | 📌 Good 75% Annual Tax: $3,269.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $723.00 💸 Total Annual Cost: $3,992.00 💸 |
| rent potential: | 📌 Good 75% Estimated Rent Price: $1,571.00 💸 |
| capitalization rate: | ⚠️ Fair 63% Simulated Rating: 7.11 💹 |
| exit strategy: | 📌 Good 100% Time On Market: 2152 days 🕰️ |
| year built: | 🚩 Poor 0% Time Built: 1973 🕰️ |
| property info: | 📌 Good 80% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 3 🏠 Home Living Area: 1316 🏠 |