Auction Property: CANN RUSSEL PRESTON
Owner's Name: CANN RUSSEL PRESTON
Location: NX205 MIRIAM AVE
Amount Owed: $1,047
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: 7.51
Decision: 🚩 Do Not Buy
Market Value: $87,450
Current Price: $100,300
Cost to Build: $115,320.00
10yr Cashflows: $93,257.88
Suggested Bid: $9,325.79 - $46,628.94
Cap Rate: 13.6%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Do Not Buy
| location: | 🚩 Poor 27% |
| marketRent: | 📌 Good 73% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 13% |
| marketDemand: | 🚩 Poor 0% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | ⚠️ Fair 50% |
| acquisitionVsMarketValue: | 🚩 Poor -73% |
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: 1.15 💹 Current Price: $100,300.00 💸 Zestimate Price: $100,300.00 💸 Tax Assessed Value: $500.00 💸 Average Nearby Price: $87,450.00 💸 |
| school trends: | ⚠️ Fair 50% Average School Rating: 1.67 💹 |
| taxes: | 📌 Good 100% Annual Tax: $16.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $421.00 💸 Total Annual Cost: $437.00 💸 |
| rent potential: | ⚠️ Fair 50% Estimated Rent Price: $1,173.00 💸 |
| capitalization rate: | 📌 Good 88% Simulated Rating: 10.89 💹 |
| exit strategy: | ⚠️ Fair 60% Time On Market: 6201 days 🕰️ |
| year built: | 🚩 Poor 0% Time Built: 1954 🕰️ |
| property info: | ⚠️ Fair 50% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 2 🏠 Home Living Area: 961 🏠 |