Auction Property: MCDANIEL DERRICK J & DESMUND
Owner's Name: MCDANIEL DERRICK J & DESMUND
Location: 420 BRIERCLIFF DR
Amount Owed: $1,728
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: 1.69
Decision: 🚩 Do Not Buy
Market Value: $47,388
Current Price: $86,100
Cost to Build: $108,000.00
10yr Cashflows: $90,952.27
Suggested Bid: $9,095.23 - $45,476.13
Cap Rate: 13.74%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Do Not Buy 🏅
| location: | 🚩 Poor 37% |
| marketRent: | 📌 Good 72% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 13% |
| marketDemand: | 🚩 Poor 0% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | ⚠️ Fair 53% |
| acquisitionVsMarketValue: | 🚩 Poor -408% |
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: 1.82 💹 Current Price: $86,100.00 💸 Zestimate Price: $86,100.00 💸 Tax Assessed Value: $31,700.00 💸 Average Nearby Price: $47,387.50 💸 |
| school trends: | 📌 Good 75% Average School Rating: 5.33 💹 |
| taxes: | 📌 Good 100% Annual Tax: $1,537.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $362.00 💸 Total Annual Cost: $1,899.00 💸 |
| rent potential: | ⚠️ Fair 50% Estimated Rent Price: $1,144.00 💸 |
| capitalization rate: | 📌 Good 88% Simulated Rating: 10.57 💹 |
| exit strategy: | ⚠️ Fair 60% Time On Market: 3546 days 🕰️ |
| year built: | 🚩 Poor 0% Time Built: 1972 🕰️ |
| property info: | 📌 Good 80% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 3 🏠 Home Living Area: 900 🏠 |