Auction Property: RAY DERRICK & TERESA
Owner's Name: RAY DERRICK & TERESA
Location: 4201 SHORECREST DR
Amount Owed: $730
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: 11.38
Decision: ⚠️ Consider
Market Value: $63,189
Current Price: $27,300
Cost to Build: $120,600.00
10yr Cashflows: $98,266.61
Suggested Bid: $9,826.66 - $49,133.31
Cap Rate: Unknown
Level 1 (Analysis)
Decision: Do Not Buy
| location: | ⚠️ Fair 40% |
| marketRent: | 📌 Good 77% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 14% |
| marketDemand: | ⚠️ Fair 50% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | ⚠️ Fair 48% |
| acquisitionVsMarketValue: | 📌 Good 100% |
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: 0.43 💹 Current Price: $27,300.00 💸 Zestimate Price: $0.00 💸 Tax Assessed Value: $27,300.00 💸 Average Nearby Price: $63,189.38 💸 |
| school trends: | 📌 Good 75% Average School Rating: 5.33 💹 |
| taxes: | 📌 Good 100% Annual Tax: $583.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $115.00 💸 Total Annual Cost: $698.00 💸 |
| rent potential: | ⚠️ Fair 50% Estimated Rent Price: $1,236.00 💸 |
| capitalization rate: | 🚩 Poor 0% Simulated Rating: 0.00 💹 |
| 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: 1005 🏠 |