Auction Property: SECRETARY OF VETERANS AFFAIR
Owner's Name: SECRETARY OF VETERANS AFFAIR
Location: NX1879 CUNNINGHAM RD
Amount Owed: $2,149
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: 12.75
Decision: 🏅 Buy
Market Value: $207,488
Current Price: $163,200
Cost to Build: $216,000.00
10yr Cashflows: $138,813.52
Suggested Bid: $13,881.35 - $69,406.76
Cap Rate: 12.33%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Buy 🏅
| location: | ⚠️ Fair 62% |
| marketRent: | 📌 Good 100% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 25% |
| marketDemand: | 🚩 Poor 0% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | 🚩 Poor 6% |
| acquisitionVsMarketValue: | 📌 Good 100% |
Level 2 (Simulation)
**involves significant stress testing
Decision: Buy 🏅
| location: | City: Columbia 🚲 County: Richland County 🚲 |
| price vs market value: | ⚠️ Fair 40% Value Ratio: 0.79 💹 Current Price: $163,200.00 💸 Zestimate Price: $163,200.00 💸 Tax Assessed Value: $4,600.00 💸 Average Nearby Price: $207,487.50 💸 |
| school trends: | ⚠️ Fair 50% Average School Rating: 3.33 💹 |
| taxes: | 📌 Good 100% Annual Tax: $137.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $685.00 💸 Total Annual Cost: $822.00 💸 |
| rent potential: | 📌 Good 75% Estimated Rent Price: $1,746.00 💸 |
| capitalization rate: | 📌 Good 88% Simulated Rating: 10.75 💹 |
| exit strategy: | 📌 Good 100% Time On Market: 2908 days 🕰️ |
| year built: | 🚩 Poor 0% Time Built: 1965 🕰️ |
| property info: | 📌 Good 80% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 3 🏠 Home Living Area: 1800 🏠 |