Auction Property: MGC INTERNATIONAL LLC
Owner's Name: MGC INTERNATIONAL LLC
Location: 905 SLASH PINE LN
Amount Owed: $167
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: 9.17
Decision: 🚩 Do Not Buy
Market Value: $75,038
Current Price: $80,000
Cost to Build: $128,160.00
10yr Cashflows: $95,404.48
Suggested Bid: $9,540.45 - $47,702.24
Cap Rate: 16.11%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Do Not Buy 🏅
| location: | 🚩 Poor 28% |
| marketRent: | 📌 Good 75% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 15% |
| marketDemand: | ⚠️ Fair 50% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | ⚠️ Fair 44% |
| acquisitionVsMarketValue: | 🚩 Poor -33% |
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: 1.07 💹 Current Price: $80,000.00 💸 Zestimate Price: $80,000.00 💸 Tax Assessed Value: $30,800.00 💸 Average Nearby Price: $75,037.50 💸 |
| school trends: | ⚠️ Fair 50% Average School Rating: 2.33 💹 |
| taxes: | 📌 Good 100% Annual Tax: $1,175.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $336.00 💸 Total Annual Cost: $1,511.00 💸 |
| rent potential: | ⚠️ Fair 50% Estimated Rent Price: $1,200.00 💸 |
| capitalization rate: | 📌 Good 100% Simulated Rating: 12.72 💹 |
| exit strategy: | 📌 Good 100% Time On Market: 0 🕰️ |
| year built: | 🚩 Poor 0% Time Built: 1970 🕰️ |
| property info: | 📌 Good 80% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 3 🏠 Home Living Area: 1068 🏠 |