Auction Property: MACK DERRICK
Owner's Name: MACK DERRICK
Location: 113 FORRISTER ST
Amount Owed: $1,728
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: 10.50
Decision: ⚠️ Consider
Market Value: $199,475
Current Price: $201,700
Cost to Build: $191,520.00
10yr Cashflows: $129,034.56
Suggested Bid: $12,903.46 - $64,517.28
Cap Rate: 8.47%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Hold
| location: | ⚠️ Fair 67% |
| marketRent: | 📌 Good 100% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 22% |
| marketDemand: | 🚩 Poor 0% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | 🚩 Poor 17% |
| acquisitionVsMarketValue: | 🚩 Poor -6% |
Level 2 (Simulation)
**involves significant stress testing
Decision: Hold
| location: | City: Columbia 🚲 County: Richland County 🚲 |
| price vs market value: | ⚠️ Fair 40% Value Ratio: 1.01 💹 Current Price: $201,700.00 💸 Zestimate Price: $201,700.00 💸 Tax Assessed Value: $128,000.00 💸 Average Nearby Price: $199,475.00 💸 |
| school trends: | ⚠️ Fair 50% Average School Rating: 4.67 💹 |
| taxes: | 📌 Good 100% Annual Tax: $1,537.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $847.00 💸 Total Annual Cost: $2,384.00 💸 |
| rent potential: | 📌 Good 75% Estimated Rent Price: $1,623.00 💸 |
| capitalization rate: | ⚠️ Fair 63% Simulated Rating: 7.18 💹 |
| exit strategy: | 📌 Good 100% Time On Market: 2069 days 🕰️ |
| year built: | 🚩 Poor 0% Time Built: 0 🕰️ |
| property info: | 📌 Good 80% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 3 🏠 Home Living Area: 1596 🏠 |