Auction Property: ARCHIE HORACE JR
Owner's Name: ARCHIE HORACE JR
Location: 1048 HAVERFORD CIR
Amount Owed: $525
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: 2.06
Decision: 🚩 Do Not Buy
Market Value: $84,461
Current Price: $145,400
Cost to Build: $188,520.00
10yr Cashflows: $101,128.75
Suggested Bid: $10,112.87 - $50,564.37
Cap Rate: 9.81%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Do Not Buy 🏅
| location: | 🚩 Poor 30% |
| marketRent: | 📌 Good 80% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 22% |
| marketDemand: | 🚩 Poor 0% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | 🚩 Poor 18% |
| acquisitionVsMarketValue: | 🚩 Poor -361% |
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: 1.72 💹 Current Price: $145,400.00 💸 Zestimate Price: $145,400.00 💸 Tax Assessed Value: $50,200.00 💸 Average Nearby Price: $84,461.25 💸 |
| school trends: | ⚠️ Fair 50% Average School Rating: 2.33 💹 |
| taxes: | 📌 Good 100% Annual Tax: $388.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $611.00 💸 Total Annual Cost: $999.00 💸 |
| rent potential: | ⚠️ Fair 50% Estimated Rent Price: $1,272.00 💸 |
| capitalization rate: | ⚠️ Fair 63% Simulated Rating: 7.96 💹 |
| exit strategy: | ⚠️ Fair 60% Time On Market: 7306 days 🕰️ |
| year built: | 🚩 Poor 0% Time Built: 1972 🕰️ |
| property info: | 📌 Good 80% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 3 🏠 Home Living Area: 1571 🏠 |