Auction Property: MCLEAN JOHN MICHAEL &
Owner's Name: MCLEAN JOHN MICHAEL &
Location: 503 S OTT RD
Amount Owed: $1,156
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: 13.37
Decision: 💎 Strong Buy
Market Value: $264,438
Current Price: $206,000
Cost to Build: $142,080.00
10yr Cashflows: $153,283.20
Suggested Bid: $15,328.32 - $76,641.60
Cap Rate: 10.3%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Buy 🏅
| location: | 📌 Good 80% |
| marketRent: | 📌 Good 100% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 17% |
| marketDemand: | ⚠️ Fair 50% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | 🚩 Poor 38% |
| acquisitionVsMarketValue: | 📌 Good 100% |
Level 2 (Simulation)
**involves significant stress testing
Decision: Buy 🏅
| location: | City: Columbia 🚲 County: Richland County 🚲 |
| price vs market value: | ⚠️ Fair 40% Value Ratio: 0.78 💹 Current Price: $206,000.00 💸 Zestimate Price: $206,000.00 💸 Tax Assessed Value: $130,900.00 💸 Average Nearby Price: $264,437.50 💸 |
| school trends: | 📌 Good 75% Average School Rating: 6.00 💹 |
| taxes: | 📌 Good 100% Annual Tax: $1,045.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $865.00 💸 Total Annual Cost: $1,910.00 💸 |
| rent potential: | 📌 Good 75% Estimated Rent Price: $1,928.00 💸 |
| capitalization rate: | 📌 Good 75% Simulated Rating: 9.07 💹 |
| exit strategy: | 📌 Good 100% Time On Market: 0 🕰️ |
| year built: | 🚩 Poor 0% Time Built: 1946 🕰️ |
| property info: | 📌 Good 80% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 3 🏠 Home Living Area: 1184 🏠 |