Auction Property: GIBSON JAMES G ETAL
Owner's Name: GIBSON JAMES G ETAL
Location: 3339 BELVEDERE DR
Amount Owed: $593
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: 9.25
Decision: 🚩 Do Not Buy
Market Value: $130,888
Current Price: $144,100
Cost to Build: $182,160.00
10yr Cashflows: $121,163.69
Suggested Bid: $12,116.37 - $60,581.84
Cap Rate: 11.93%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Hold
| location: | ⚠️ Fair 47% |
| marketRent: | 📌 Good 95% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 21% |
| marketDemand: | 🚩 Poor 0% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | 🚩 Poor 21% |
| acquisitionVsMarketValue: | 🚩 Poor -50% |
Level 2 (Simulation)
**involves significant stress testing
Decision: Hold
| location: | City: Columbia 🚲 County: Richland County 🚲 |
| price vs market value: | ⚠️ Fair 40% Value Ratio: 1.10 💹 Current Price: $144,100.00 💸 Zestimate Price: $144,100.00 💸 Tax Assessed Value: $61,300.00 💸 Average Nearby Price: $130,887.50 💸 |
| school trends: | ⚠️ Fair 50% Average School Rating: 3.67 💹 |
| taxes: | 📌 Good 100% Annual Tax: $488.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $605.00 💸 Total Annual Cost: $1,093.00 💸 |
| rent potential: | 📌 Good 75% Estimated Rent Price: $1,524.00 💸 |
| capitalization rate: | 📌 Good 88% Simulated Rating: 10.10 💹 |
| exit strategy: | ⚠️ Fair 60% Time On Market: 6269 days 🕰️ |
| year built: | 🚩 Poor 0% Time Built: 1953 🕰️ |
| property info: | 📌 Good 80% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 3 🏠 Home Living Area: 1518 🏠 |