Auction Property: MACMILLAN RODNEY JTWRS
Owner's Name: MACMILLAN RODNEY JTWRS
Location: 1313 DOVER ST
Amount Owed: $1,387
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: 8.82
Decision: 🚩 Do Not Buy
Market Value: $173,263
Current Price: $190,500
Cost to Build: $178,800.00
10yr Cashflows: $112,577.28
Suggested Bid: $11,257.73 - $56,288.64
Cap Rate: 6.54%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Do Not Buy
| location: | ⚠️ Fair 64% |
| marketRent: | 📌 Good 89% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 21% |
| marketDemand: | ⚠️ Fair 50% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | 🚩 Poor 23% |
| acquisitionVsMarketValue: | 🚩 Poor -50% |
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: 1.10 💹 Current Price: $190,500.00 💸 Zestimate Price: $190,500.00 💸 Tax Assessed Value: $113,900.00 💸 Average Nearby Price: $173,262.50 💸 |
| school trends: | 📌 Good 75% Average School Rating: 5.33 💹 |
| taxes: | ⚠️ Fair 50% Annual Tax: $3,734.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $800.00 💸 Total Annual Cost: $4,534.00 💸 |
| rent potential: | ⚠️ Fair 50% Estimated Rent Price: $1,416.00 💸 |
| capitalization rate: | 🚩 Poor 38% Simulated Rating: 5.14 💹 |
| exit strategy: | 📌 Good 100% Time On Market: 0 🕰️ |
| year built: | 🚩 Poor 0% Time Built: 1940 🕰️ |
| property info: | 📌 Good 80% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 3 🏠 Home Living Area: 1490 🏠 |