Auction Property: ETHEREDGE NATHAN & JUDY

 


Owner's Name: ETHEREDGE NATHAN & JUDY

Location: 3305 N MAIN ST

Amount Owed: $4,182

Type: SINGLE_FAMILY

View:   View on Zillow     |   View on Realtor

Overall (Final)

Score: 9.13

Decision: 🚩 Do Not Buy  

Market Value: $202,713

Current Price: $223,100

Cost to Build: $279,120.00

10yr Cashflows: $141,993.67

Suggested Bid: $14,199.37 - $70,996.83

Cap Rate: 7.42%

** cap rate calculated based on Current Price 

Level 1 (Analysis)

Decision: Hold

location: ⚠️ Fair 64%
marketRent: 📌 Good 100%
taxHistory: 📌 Good 100%
lotFeatures: 🚩 Poor 33%
marketDemand: 🚩 Poor 0%
propertyType: 📌 Good 100%
legalConsiderations: 📌 Good 100%
developmentFeasibility: 🚩 Poor 0%
acquisitionVsMarketValue: 🚩 Poor -50%

Level 2 (Simulation)

**involves significant stress testing

Decision: Hold

location: City: Columbia 🚲 County: Richland County 🚲
price vs market value: ⚠️ Fair 40% Value Ratio: 1.10 💹 Current Price: $223,100.00 💸 Zestimate Price: $223,100.00 💸 Tax Assessed Value: $123,600.00 💸 Average Nearby Price: $202,712.50 💸
school trends: ⚠️ Fair 50% Average School Rating: 4.00 💹
taxes: ⚠️ Fair 50% Annual Tax: $3,934.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $937.00 💸 Total Annual Cost: $4,871.00 💸
rent potential: 📌 Good 75% Estimated Rent Price: $1,786.00 💸
capitalization rate: ⚠️ Fair 63% Simulated Rating: 6.27 💹
exit strategy: 📌 Good 100% Time On Market: 10546 days 🕰️
year built: 🚩 Poor 0% Time Built: 1940 🕰️
property info: 📌 Good 80% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 4 🏠 Home Living Area: 2326 🏠