Auction Property: FELDER GOLLIE JR

 


Owner's Name: FELDER GOLLIE JR

Location: 405 GREEN TREE CIR

Amount Owed: $1,473

Type: SINGLE_FAMILY

View:   View on Zillow     |   View on Realtor

Overall (Final)

Score: -0.55

Decision: 🚩 Do Not Buy  

Market Value: $54,250

Current Price: $111,000

Cost to Build: $156,000.00

10yr Cashflows: $109,874.16

Suggested Bid: $10,987.42 - $54,937.08

Cap Rate: 14.52%

** cap rate calculated based on Current Price 

Level 1 (Analysis)

Decision: Do Not Buy 🏅

location: 🚩 Poor 27%
marketRent: 📌 Good 86%
taxHistory: 📌 Good 100%
lotFeatures: 🚩 Poor 18%
marketDemand: ⚠️ Fair 50%
propertyType: 📌 Good 100%
legalConsiderations: 📌 Good 100%
developmentFeasibility: 🚩 Poor 32%
acquisitionVsMarketValue: 🚩 Poor -523%

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: 2.05 💹 Current Price: $111,000.00 💸 Zestimate Price: $111,000.00 💸 Tax Assessed Value: $1,850.00 💸 Average Nearby Price: $54,250.00 💸
school trends: ⚠️ Fair 50% Average School Rating: 3.00 💹
taxes: 📌 Good 100% Annual Tax: $0.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $466.00 💸 Total Annual Cost: $466.00 💸
rent potential: ⚠️ Fair 50% Estimated Rent Price: $1,382.00 💸
capitalization rate: 📌 Good 100% Simulated Rating: 12.12 💹
exit strategy: 📌 Good 100% Time On Market: 0 🕰️
year built: 🚩 Poor 0% Time Built: 1971 🕰️
property info: 📌 Good 80% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 4 🏠 Home Living Area: 1300 🏠