Auction Property: BAILEY CATHERINE L
Owner's Name: BAILEY CATHERINE L
Location: 34 CARDINGTON CT
Amount Owed: $1,299
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: 8.51
Decision: 🚩 Do Not Buy
Market Value: $173,900
Current Price: $215,100
Cost to Build: $218,160.00
10yr Cashflows: $149,626.02
Suggested Bid: $14,962.60 - $74,813.01
Cap Rate: 9.56%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Do Not Buy 🏅
| location: | ⚠️ Fair 51% |
| marketRent: | 📌 Good 100% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 25% |
| marketDemand: | 🚩 Poor 0% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | 🚩 Poor 5% |
| acquisitionVsMarketValue: | 🚩 Poor -118% |
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: 1.24 💹 Current Price: $215,100.00 💸 Zestimate Price: $215,100.00 💸 Tax Assessed Value: $102,600.00 💸 Average Nearby Price: $173,900.00 💸 |
| school trends: | ⚠️ Fair 50% Average School Rating: 2.67 💹 |
| taxes: | 📌 Good 100% Annual Tax: $1,127.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $903.00 💸 Total Annual Cost: $2,030.00 💸 |
| rent potential: | 📌 Good 75% Estimated Rent Price: $1,882.00 💸 |
| capitalization rate: | 📌 Good 75% Simulated Rating: 8.37 💹 |
| exit strategy: | ⚠️ Fair 60% Time On Market: 7308 days 🕰️ |
| year built: | ⚠️ Fair 63% Time Built: 1988 🕰️ |
| property info: | 📌 Good 80% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 3 🏠 Home Living Area: 1818 🏠 |