Auction Property: MICKENS JANNETTE L
Owner's Name: MICKENS JANNETTE L
Location: 3704 LEE HILLS DR
Amount Owed: $853
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: 9.01
Decision: 🚩 Do Not Buy
Market Value: $116,600
Current Price: $127,800
Cost to Build: $156,000.00
10yr Cashflows: $115,439.42
Suggested Bid: $11,543.94 - $57,719.71
Cap Rate: 12.67%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Do Not Buy 🏅
| location: | 🚩 Poor 39% |
| marketRent: | 📌 Good 91% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 18% |
| marketDemand: | 🚩 Poor 0% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | 🚩 Poor 32% |
| acquisitionVsMarketValue: | 🚩 Poor -48% |
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: 1.10 💹 Current Price: $127,800.00 💸 Zestimate Price: $127,800.00 💸 Tax Assessed Value: $43,500.00 💸 Average Nearby Price: $116,600.00 💸 |
| school trends: | ⚠️ Fair 50% Average School Rating: 2.67 💹 |
| taxes: | 📌 Good 100% Annual Tax: $700.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $537.00 💸 Total Annual Cost: $1,237.00 💸 |
| rent potential: | ⚠️ Fair 50% Estimated Rent Price: $1,452.00 💸 |
| capitalization rate: | 📌 Good 88% Simulated Rating: 10.59 💹 |
| exit strategy: | 📌 Good 100% Time On Market: 16396 days 🕰️ |
| year built: | 🚩 Poor 0% Time Built: 1970 🕰️ |
| property info: | 📌 Good 80% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 3 🏠 Home Living Area: 1300 🏠 |