Auction Property: MACK CHARLES

 


Owner's Name: MACK CHARLES

Location: 3616 PHILLIPS ST

Amount Owed: $398

Type: SINGLE_FAMILY

View:   View on Zillow     |   View on Realtor

Overall (Final)

Score: 10.10

Decision: ⚠️ Consider  

Market Value: $114,150

Current Price: $99,800

Cost to Build: $150,000.00

10yr Cashflows: $79,662.74

Suggested Bid: $7,966.27 - $39,831.37

Cap Rate: 11.33%

** cap rate calculated based on Current Price 

Level 1 (Analysis)

Decision: Do Not Buy

location: 🚩 Poor 33%
marketRent: ⚠️ Fair 63%
taxHistory: 📌 Good 100%
lotFeatures: 🚩 Poor 18%
marketDemand: 🚩 Poor 0%
propertyType: 📌 Good 100%
legalConsiderations: 📌 Good 100%
developmentFeasibility: 🚩 Poor 35%
acquisitionVsMarketValue: ⚠️ Fair 63%

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: 0.87 💹 Current Price: $99,800.00 💸 Zestimate Price: $99,800.00 💸 Tax Assessed Value: $37,000.00 💸 Average Nearby Price: $114,150.00 💸
school trends: ⚠️ Fair 50% Average School Rating: 1.67 💹
taxes: 📌 Good 100% Annual Tax: $295.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $419.00 💸 Total Annual Cost: $714.00 💸
rent potential: ⚠️ Fair 50% Estimated Rent Price: $1,002.00 💸
capitalization rate: 📌 Good 75% Simulated Rating: 8.57 💹
exit strategy: ⚠️ Fair 60% Time On Market: 6481 days 🕰️
year built: 🚩 Poor 0% Time Built: 1930 🕰️
property info: ⚠️ Fair 50% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 2 🏠 Home Living Area: 1250 🏠