Auction Property: MCMATH HOWARD
Owner's Name: MCMATH HOWARD
Location: 6225 HALE ST
Amount Owed: $966
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: -4.45
Decision: 🚩 Do Not Buy
Market Value: $48,838
Current Price: $122,900
Cost to Build: $191,520.00
10yr Cashflows: $122,276.74
Suggested Bid: $12,227.67 - $61,138.37
Cap Rate: 13.94%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Do Not Buy 🏅
| location: | 🚩 Poor 26% |
| marketRent: | 📌 Good 96% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 22% |
| marketDemand: | ⚠️ Fair 50% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | 🚩 Poor 17% |
| acquisitionVsMarketValue: | 🚩 Poor -758% |
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: 2.52 💹 Current Price: $122,900.00 💸 Zestimate Price: $122,900.00 💸 Tax Assessed Value: $58,400.00 💸 Average Nearby Price: $48,837.50 💸 |
| school trends: | ⚠️ Fair 50% Average School Rating: 3.00 💹 |
| taxes: | 📌 Good 100% Annual Tax: $809.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $516.00 💸 Total Annual Cost: $1,325.00 💸 |
| rent potential: | 📌 Good 75% Estimated Rent Price: $1,538.00 💸 |
| capitalization rate: | 📌 Good 88% Simulated Rating: 11.80 💹 |
| exit strategy: | 📌 Good 100% Time On Market: 0 🕰️ |
| year built: | ⚠️ Fair 63% Time Built: 1995 🕰️ |
| property info: | 📌 Good 80% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 3 🏠 Home Living Area: 1596 🏠 |