Auction Property: MORGAN EDWARD ALEXANDER &
Owner's Name: MORGAN EDWARD ALEXANDER &
Location: 4524 LANDGRAVE RD
Amount Owed: $5,259
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: 6.14
Decision: 🚩 Do Not Buy
Market Value: $611,013
Current Price: $914,200
Cost to Build: $381,120.00
10yr Cashflows: $227,698.69
Suggested Bid: $22,769.87 - $113,849.34
Cap Rate: 2.78%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Do Not Buy 🏅
| location: | 📌 Good 83% |
| marketRent: | 📌 Good 100% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | ⚠️ Fair 50% |
| marketDemand: | 🚩 Poor 0% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | 🚩 Poor 0% |
| acquisitionVsMarketValue: | 🚩 Poor -248% |
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: 1.50 💹 Current Price: $914,200.00 💸 Zestimate Price: $914,200.00 💸 Tax Assessed Value: $639,900.00 💸 Average Nearby Price: $611,012.50 💸 |
| school trends: | 📌 Good 75% Average School Rating: 6.67 💹 |
| taxes: | ⚠️ Fair 50% Annual Tax: $5,106.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $3,840.00 💸 Total Annual Cost: $8,946.00 💸 |
| rent potential: | 📌 Good 100% Estimated Rent Price: $2,864.00 💸 |
| capitalization rate: | 🚩 Poor 13% Simulated Rating: 2.53 💹 |
| exit strategy: | 📌 Good 100% Time On Market: 1407 days 🕰️ |
| year built: | 🚩 Poor 0% Time Built: 1957 🕰️ |
| property info: | 📌 Good 100% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 4 🏠 Home Living Area: 3176 🏠 |