Auction Property: FORT HILL SC LAND TRUST LLC
Owner's Name: FORT HILL SC LAND TRUST LLC
Location: 553 CHARLESTON ESTATES LN
Amount Owed: $861
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: 7.12
Decision: 🚩 Do Not Buy
Market Value: $198,850
Current Price: $295,500
Cost to Build: $381,600.00
10yr Cashflows: $204,960.62
Suggested Bid: $20,496.06 - $102,480.31
Cap Rate: 10.05%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Do Not Buy 🏅
| location: | 📌 Good 71% |
| marketRent: | 📌 Good 100% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | ⚠️ Fair 45% |
| marketDemand: | ⚠️ Fair 50% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | 🚩 Poor 0% |
| acquisitionVsMarketValue: | 🚩 Poor -243% |
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: 1.49 💹 Current Price: $295,500.00 💸 Zestimate Price: $295,500.00 💸 Tax Assessed Value: $1,200.00 💸 Average Nearby Price: $198,850.00 💸 |
| school trends: | 📌 Good 75% Average School Rating: 5.67 💹 |
| taxes: | 📌 Good 100% Annual Tax: $0.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $1,241.00 💸 Total Annual Cost: $1,241.00 💸 |
| rent potential: | 📌 Good 100% Estimated Rent Price: $2,578.00 💸 |
| capitalization rate: | 📌 Good 75% Simulated Rating: 9.24 💹 |
| exit strategy: | 📌 Good 100% Time On Market: 0 🕰️ |
| year built: | 🚩 Poor 0% Time Built: 0 🕰️ |
| property info: | 📌 Good 100% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 4 🏠 Home Living Area: 3180 🏠 |