Auction Property: FERRELL HENRIETTA M
Owner's Name: FERRELL HENRIETTA M
Location: 415 MEADOWLAKE DR
Amount Owed: $1,360
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: 4.37
Decision: 🚩 Do Not Buy
Market Value: $154,950
Current Price: $277,300
Cost to Build: $328,080.00
10yr Cashflows: $193,035.06
Suggested Bid: $19,303.51 - $96,517.53
Cap Rate: 9.79%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Do Not Buy 🏅
| location: | ⚠️ Fair 54% |
| marketRent: | 📌 Good 100% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 38% |
| marketDemand: | ⚠️ Fair 50% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | 🚩 Poor 0% |
| acquisitionVsMarketValue: | 🚩 Poor -395% |
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: 1.79 💹 Current Price: $277,300.00 💸 Zestimate Price: $277,300.00 💸 Tax Assessed Value: $110,500.00 💸 Average Nearby Price: $154,950.00 💸 |
| school trends: | ⚠️ Fair 50% Average School Rating: 4.00 💹 |
| taxes: | 📌 Good 100% Annual Tax: $823.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $1,165.00 💸 Total Annual Cost: $1,988.00 💸 |
| rent potential: | 📌 Good 100% Estimated Rent Price: $2,428.00 💸 |
| capitalization rate: | 📌 Good 75% Simulated Rating: 8.92 💹 |
| exit strategy: | 📌 Good 100% Time On Market: 0 🕰️ |
| year built: | 📌 Good 100% Time Built: 2017 🕰️ |
| property info: | 📌 Good 100% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 3 🏠 Home Living Area: 2734 🏠 |