Auction Property: SMITH MILES O JR
Owner's Name: SMITH MILES O JR
Location: 3206 CARVER ST
Amount Owed: $887
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: 0.96
Decision: 🚩 Do Not Buy
Market Value: $14,494
Current Price: $23,800
Cost to Build: $129,000.00
10yr Cashflows: $70,281.30
Suggested Bid: $7,028.13 - $35,140.65
Cap Rate: Unknown
Level 1 (Analysis)
Decision: Do Not Buy
| location: | 🚩 Poor 11% |
| marketRent: | ⚠️ Fair 55% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 15% |
| marketDemand: | ⚠️ Fair 50% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | ⚠️ Fair 44% |
| acquisitionVsMarketValue: | 🚩 Poor -321% |
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: 1.64 💹 Current Price: $23,800.00 💸 Zestimate Price: $0.00 💸 Tax Assessed Value: $23,800.00 💸 Average Nearby Price: $14,493.75 💸 |
| school trends: | ⚠️ Fair 50% Average School Rating: 1.67 💹 |
| taxes: | 📌 Good 100% Annual Tax: $758.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $100.00 💸 Total Annual Cost: $858.00 💸 |
| rent potential: | 🚩 Poor 0% Estimated Rent Price: $884.00 💸 |
| capitalization rate: | 🚩 Poor 0% Simulated Rating: 0.00 💹 |
| exit strategy: | 📌 Good 100% Time On Market: 0 🕰️ |
| year built: | 🚩 Poor 0% Time Built: 1940 🕰️ |
| property info: | ⚠️ Fair 50% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 2 🏠 Home Living Area: 1075 🏠 |