Auction Property: MGC INTERNATIONAL LLC
Owner's Name: MGC INTERNATIONAL LLC
Location: 841 SLASH PINE LN
Amount Owed: $156
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: 7.01
Decision: 🚩 Do Not Buy
Market Value: $65,625
Current Price: $84,000
Cost to Build: $131,040.00
10yr Cashflows: $97,551.08
Suggested Bid: $9,755.11 - $48,775.54
Cap Rate: 16.44%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Do Not Buy 🏅
| location: | 🚩 Poor 26% |
| marketRent: | 📌 Good 77% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 15% |
| marketDemand: | ⚠️ Fair 50% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | ⚠️ Fair 43% |
| acquisitionVsMarketValue: | 🚩 Poor -140% |
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: 1.28 💹 Current Price: $84,000.00 💸 Zestimate Price: $84,000.00 💸 Tax Assessed Value: $31,800.00 💸 Average Nearby Price: $65,625.00 💸 |
| school trends: | ⚠️ Fair 50% Average School Rating: 2.33 💹 |
| taxes: | 📌 Good 100% Annual Tax: $559.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $353.00 💸 Total Annual Cost: $912.00 💸 |
| rent potential: | ⚠️ Fair 50% Estimated Rent Price: $1,227.00 💸 |
| capitalization rate: | 📌 Good 100% Simulated Rating: 13.22 💹 |
| 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: 1092 🏠 |