Auction Property: FOLLIS JO ANN E/ LIFE ESTATE

 


Owner's Name: FOLLIS JO ANN E/ LIFE ESTATE

Location: 200 FIREBRIDGE RD

Amount Owed: $1,893

Type: SINGLE_FAMILY

View:   View on Zillow     |   View on Realtor

Overall (Final)

Score: 9.93

Decision: 🚩 Do Not Buy  

Market Value: $230,575

Current Price: $243,700

Cost to Build: $219,960.00

10yr Cashflows: $122,753.76

Suggested Bid: $12,275.38 - $61,376.88

Cap Rate: 6.54%

** cap rate calculated based on Current Price 

Level 1 (Analysis)

Decision: Hold

location: 📌 Good 73%
marketRent: 📌 Good 97%
taxHistory: 📌 Good 100%
lotFeatures: 🚩 Poor 26%
marketDemand: ⚠️ Fair 50%
propertyType: 📌 Good 100%
legalConsiderations: 📌 Good 80%
developmentFeasibility: 🚩 Poor 5%
acquisitionVsMarketValue: 🚩 Poor -28%

Level 2 (Simulation)

**involves significant stress testing

Decision: Hold

location: City: Columbia 🚲 County: Richland County 🚲
price vs market value: ⚠️ Fair 40% Value Ratio: 1.06 💹 Current Price: $243,700.00 💸 Zestimate Price: $243,700.00 💸 Tax Assessed Value: $141,900.00 💸 Average Nearby Price: $230,575.00 💸
school trends: ⚠️ Fair 50% Average School Rating: 4.67 💹
taxes: 📌 Good 100% Annual Tax: $1,535.00 💸 Monthly Hoa Tax: $2.00 💸 Annual Insurance: $1,024.00 💸 Total Annual Cost: $2,583.00 💸
rent potential: 📌 Good 75% Estimated Rent Price: $1,544.00 💸
capitalization rate: 🚩 Poor 38% Simulated Rating: 5.46 💹
exit strategy: 📌 Good 100% Time On Market: 0 🕰️
year built: 🚩 Poor 0% Time Built: 1978 🕰️
property info: 📌 Good 80% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 3 🏠 Home Living Area: 1833 🏠