Auction Property: CANTEY JAMES T JR ETAL
Owner's Name: CANTEY JAMES T JR ETAL
Location: 340 PADDINGTON RD
Amount Owed: $850
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: -0.28
Decision: 🚩 Do Not Buy
Market Value: $88,563
Current Price: $182,400
Cost to Build: $279,480.00
10yr Cashflows: $151,534.11
Suggested Bid: $15,153.41 - $75,767.06
Cap Rate: 11.71%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Do Not Buy 🏅
| location: | 🚩 Poor 31% |
| marketRent: | 📌 Good 100% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 33% |
| marketDemand: | ⚠️ Fair 50% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | 🚩 Poor 0% |
| acquisitionVsMarketValue: | 🚩 Poor -530% |
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: 2.06 💹 Current Price: $182,400.00 💸 Zestimate Price: $182,400.00 💸 Tax Assessed Value: $93,000.00 💸 Average Nearby Price: $88,562.50 💸 |
| school trends: | ⚠️ Fair 50% Average School Rating: 2.33 💹 |
| taxes: | 📌 Good 100% Annual Tax: $742.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $766.00 💸 Total Annual Cost: $1,508.00 💸 |
| rent potential: | 📌 Good 75% Estimated Rent Price: $1,906.00 💸 |
| capitalization rate: | 📌 Good 88% Simulated Rating: 10.32 💹 |
| exit strategy: | 📌 Good 100% Time On Market: 0 🕰️ |
| year built: | 🚩 Poor 0% Time Built: 1967 🕰️ |
| property info: | 📌 Good 80% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 4 🏠 Home Living Area: 2329 🏠 |