Auction Property: GRIFFIN DORIS M &
Owner's Name: GRIFFIN DORIS M &
Location: 917 CANE LAKE DR
Amount Owed: $834
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: 6.23
Decision: 🚩 Do Not Buy
Market Value: $72,538
Current Price: $98,100
Cost to Build: $120,000.00
10yr Cashflows: $93,178.37
Suggested Bid: $9,317.84 - $46,589.19
Cap Rate: 13.22%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Do Not Buy 🏅
| location: | 🚩 Poor 31% |
| marketRent: | 📌 Good 73% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 14% |
| marketDemand: | ⚠️ Fair 50% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | ⚠️ Fair 48% |
| acquisitionVsMarketValue: | 🚩 Poor -176% |
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: 1.35 💹 Current Price: $98,100.00 💸 Zestimate Price: $98,100.00 💸 Tax Assessed Value: $40,900.00 💸 Average Nearby Price: $72,537.50 💸 |
| school trends: | ⚠️ Fair 50% Average School Rating: 3.00 💹 |
| taxes: | 📌 Good 100% Annual Tax: $682.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $412.00 💸 Total Annual Cost: $1,094.00 💸 |
| rent potential: | ⚠️ Fair 50% Estimated Rent Price: $1,172.00 💸 |
| capitalization rate: | 📌 Good 88% Simulated Rating: 10.45 💹 |
| exit strategy: | 📌 Good 100% Time On Market: 0 🕰️ |
| year built: | 🚩 Poor 0% Time Built: 1971 🕰️ |
| property info: | 📌 Good 80% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 3 🏠 Home Living Area: 1000 🏠 |