Auction Property: FINK MARGIE JEANETTE BELK

 


Owner's Name: FINK MARGIE JEANETTE BELK

Location: 710 MASON RD

Amount Owed: $4,993

Type: SINGLE_FAMILY

View:   View on Zillow     |   View on Realtor

Overall (Final)

Score: -1.48

Decision: 🚩 Do Not Buy  

Market Value: $91,459

Current Price: $198,200

Cost to Build: $409,200.00

10yr Cashflows: $135,235.85

Suggested Bid: $13,523.58 - $67,617.92

Cap Rate: 7.53%

** cap rate calculated based on Current Price 

Level 1 (Analysis)

Decision: Do Not Buy 🏅

location: 🚩 Poor 35%
marketRent: 📌 Good 100%
taxHistory: 📌 Good 100%
lotFeatures: ⚠️ Fair 48%
marketDemand: ⚠️ Fair 50%
propertyType: 📌 Good 100%
legalConsiderations: 📌 Good 100%
developmentFeasibility: 🚩 Poor 0%
acquisitionVsMarketValue: 🚩 Poor -584%

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: 2.17 💹 Current Price: $198,200.00 💸 Zestimate Price: $198,200.00 💸 Tax Assessed Value: $145,200.00 💸 Average Nearby Price: $91,458.75 💸
school trends: ⚠️ Fair 50% Average School Rating: 3.00 💹
taxes: ⚠️ Fair 50% Annual Tax: $4,656.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $832.00 💸 Total Annual Cost: $5,488.00 💸
rent potential: 📌 Good 75% Estimated Rent Price: $1,701.00 💸
capitalization rate: ⚠️ Fair 63% Simulated Rating: 6.22 💹
exit strategy: 📌 Good 100% Time On Market: 0 🕰️
year built: 🚩 Poor 0% Time Built: 1963 🕰️
property info: 📌 Good 100% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 3 🏠 Home Living Area: 3410 🏠