Auction Property: MAXEY MELISSA L

 


Owner's Name: MAXEY MELISSA L

Location: 3914 ABINGDON RD

Amount Owed: $860

Type: SINGLE_FAMILY

View:   View on Zillow     |   View on Realtor

Overall (Final)

Score: 1.52

Decision: 🚩 Do Not Buy  

Market Value: $109,763

Current Price: $188,100

Cost to Build: $110,040.00

10yr Cashflows: $86,738.57

Suggested Bid: $8,673.86 - $43,369.29

Cap Rate: 6.14%

** cap rate calculated based on Current Price 

Level 1 (Analysis)

Decision: Do Not Buy

location: 🚩 Poor 39%
marketRent: ⚠️ Fair 68%
taxHistory: 📌 Good 100%
lotFeatures: 🚩 Poor 13%
marketDemand: 🚩 Poor 0%
propertyType: 📌 Good 100%
legalConsiderations: 📌 Good 100%
developmentFeasibility: ⚠️ Fair 52%
acquisitionVsMarketValue: 🚩 Poor -357%

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: 1.71 💹 Current Price: $188,100.00 💸 Zestimate Price: $188,100.00 💸 Tax Assessed Value: $94,200.00 💸 Average Nearby Price: $109,762.50 💸
school trends: ⚠️ Fair 50% Average School Rating: 3.00 💹
taxes: 📌 Good 100% Annual Tax: $752.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $790.00 💸 Total Annual Cost: $1,542.00 💸
rent potential: ⚠️ Fair 50% Estimated Rent Price: $1,091.00 💸
capitalization rate: 🚩 Poor 38% Simulated Rating: 4.68 💹
exit strategy: ⚠️ Fair 60% Time On Market: 4903 days 🕰️
year built: 🚩 Poor 0% Time Built: 1948 🕰️
property info: ⚠️ Fair 50% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 2 🏠 Home Living Area: 917 🏠