Auction Property: MEBANE WARREN & YVONNE D

 


Owner's Name: MEBANE WARREN & YVONNE D

Location: 117 MCRAE ST

Amount Owed: $3,131

Type: SINGLE_FAMILY

View:   View on Zillow     |   View on Realtor

Overall (Final)

Score: 10.34

Decision: ⚠️ Consider  

Market Value: $152,800

Current Price: $163,800

Cost to Build: $145,080.00

10yr Cashflows: $121,402.20

Suggested Bid: $12,140.22 - $60,701.10

Cap Rate: 9.01%

** cap rate calculated based on Current Price 

Level 1 (Analysis)

Decision: Hold

location: ⚠️ Fair 53%
marketRent: 📌 Good 95%
taxHistory: 📌 Good 100%
lotFeatures: 🚩 Poor 17%
marketDemand: 🚩 Poor 0%
propertyType: 📌 Good 100%
legalConsiderations: 📌 Good 100%
developmentFeasibility: 🚩 Poor 37%
acquisitionVsMarketValue: 🚩 Poor -36%

Level 2 (Simulation)

**involves significant stress testing

Decision: Buy

location: City: Columbia 🚲 County: Richland County 🚲
price vs market value: ⚠️ Fair 40% Value Ratio: 1.07 💹 Current Price: $163,800.00 💸 Zestimate Price: $163,800.00 💸 Tax Assessed Value: $84,600.00 💸 Average Nearby Price: $152,800.00 💸
school trends: ⚠️ Fair 50% Average School Rating: 4.00 💹
taxes: 📌 Good 75% Annual Tax: $2,876.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $688.00 💸 Total Annual Cost: $3,564.00 💸
rent potential: 📌 Good 75% Estimated Rent Price: $1,527.00 💸
capitalization rate: ⚠️ Fair 63% Simulated Rating: 7.40 💹
exit strategy: 📌 Good 100% Time On Market: 1459 days 🕰️
year built: 📌 Good 100% Time Built: 2009 🕰️
property info: 📌 Good 80% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 3 🏠 Home Living Area: 1209 🏠