Auction Property: PACHAK MICHAEL
Owner's Name: PACHAK MICHAEL
Location: 202 S EDISTO AVE
Amount Owed: $3,764
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: 2.20
Decision: 🚩 Do Not Buy
Market Value: $442,321
Current Price: $845,000
Cost to Build: $426,120.00
10yr Cashflows: $369,453.84
Suggested Bid: $36,945.38 - $184,726.92
Cap Rate: 5.75%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Do Not Buy 🏅
| location: | 📌 Good 77% |
| marketRent: | 📌 Good 100% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | ⚠️ Fair 50% |
| marketDemand: | ⚠️ Fair 50% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | 🚩 Poor 0% |
| acquisitionVsMarketValue: | 🚩 Poor -455% |
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: 1.91 💹 Current Price: $845,000.00 💸 Zestimate Price: $845,000.00 💸 Tax Assessed Value: $454,400.00 💸 Average Nearby Price: $442,321.25 💸 |
| school trends: | 📌 Good 75% Average School Rating: 5.33 💹 |
| taxes: | ⚠️ Fair 50% Annual Tax: $3,626.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $3,549.00 💸 Total Annual Cost: $7,175.00 💸 |
| rent potential: | 📌 Good 100% Estimated Rent Price: $4,647.00 💸 |
| capitalization rate: | 🚩 Poor 38% Simulated Rating: 5.53 💹 |
| exit strategy: | 📌 Good 100% Time On Market: 0 🕰️ |
| year built: | 🚩 Poor 0% Time Built: 1940 🕰️ |
| property info: | 📌 Good 100% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 4 🏠 Home Living Area: 3551 🏠 |