Auction Property: FERRELL HENRIETTA M
Owner's Name: FERRELL HENRIETTA M
Location: 2008 HEIDT ST
Amount Owed: $1,579
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: 2.77
Decision: 🚩 Do Not Buy
Market Value: $56,562
Current Price: $93,100
Cost to Build: $123,120.00
10yr Cashflows: $97,312.57
Suggested Bid: $9,731.26 - $48,656.28
Cap Rate: 13.82%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Do Not Buy 🏅
| location: | 🚩 Poor 26% |
| marketRent: | 📌 Good 77% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 14% |
| marketDemand: | ⚠️ Fair 50% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | ⚠️ Fair 47% |
| acquisitionVsMarketValue: | 🚩 Poor -323% |
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: 1.65 💹 Current Price: $93,100.00 💸 Zestimate Price: $93,100.00 💸 Tax Assessed Value: $44,900.00 💸 Average Nearby Price: $56,561.88 💸 |
| school trends: | ⚠️ Fair 50% Average School Rating: 2.67 💹 |
| taxes: | 📌 Good 100% Annual Tax: $1,426.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $391.00 💸 Total Annual Cost: $1,817.00 💸 |
| rent potential: | ⚠️ Fair 50% Estimated Rent Price: $1,224.00 💸 |
| capitalization rate: | 📌 Good 88% Simulated Rating: 10.92 💹 |
| exit strategy: | 📌 Good 100% Time On Market: 0 🕰️ |
| year built: | 🚩 Poor 0% Time Built: 1940 🕰️ |
| property info: | ⚠️ Fair 50% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 2 🏠 Home Living Area: 1026 🏠 |