Auction Property: MILLER CARLTON L &
Owner's Name: MILLER CARLTON L &
Location: 117 SLAB PILE RD
Amount Owed: $1,385
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: -37.64
Decision: 🚩 Do Not Buy
Market Value: $36,213
Current Price: $211,900
Cost to Build: $194,400.00
10yr Cashflows: $143,822.25
Suggested Bid: $14,382.23 - $71,911.13
Cap Rate: 9.25%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Do Not Buy 🏅
| location: | 🚩 Poor 20% |
| marketRent: | 📌 Good 100% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 23% |
| marketDemand: | ⚠️ Fair 50% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | 🚩 Poor 16% |
| acquisitionVsMarketValue: | 🚩 Poor -2,426% |
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: 5.85 💹 Current Price: $211,900.00 💸 Zestimate Price: $211,900.00 💸 Tax Assessed Value: $113,700.00 💸 Average Nearby Price: $36,212.50 💸 |
| school trends: | ⚠️ Fair 50% Average School Rating: 2.33 💹 |
| taxes: | 📌 Good 100% Annual Tax: $1,209.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $890.00 💸 Total Annual Cost: $2,099.00 💸 |
| rent potential: | 📌 Good 75% Estimated Rent Price: $1,809.00 💸 |
| capitalization rate: | 📌 Good 75% Simulated Rating: 8.04 💹 |
| exit strategy: | 📌 Good 100% Time On Market: 0 🕰️ |
| year built: | 📌 Good 100% Time Built: 2005 🕰️ |
| property info: | 📌 Good 80% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 3 🏠 Home Living Area: 1620 🏠 |