Auction Property: CARTER MALCOM JR
Owner's Name: CARTER MALCOM JR
Location: 921 EASTMAN ST
Amount Owed: $1,155
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: 9.36
Decision: 🚩 Do Not Buy
Market Value: $22,625
Current Price: $20,500
Cost to Build: $118,440.00
10yr Cashflows: $91,667.80
Suggested Bid: $9,166.78 - $45,833.90
Cap Rate: Unknown
Level 1 (Analysis)
Decision: Do Not Buy
| location: | 🚩 Poor 20% |
| marketRent: | 📌 Good 72% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 14% |
| marketDemand: | 🚩 Poor 0% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | ⚠️ Fair 49% |
| acquisitionVsMarketValue: | ⚠️ Fair 47% |
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: 0.91 💹 Current Price: $20,500.00 💸 Zestimate Price: $0.00 💸 Tax Assessed Value: $20,500.00 💸 Average Nearby Price: $22,625.00 💸 |
| school trends: | ⚠️ Fair 50% Average School Rating: 3.00 💹 |
| taxes: | 📌 Good 100% Annual Tax: $989.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $86.00 💸 Total Annual Cost: $1,075.00 💸 |
| rent potential: | ⚠️ Fair 50% Estimated Rent Price: $1,153.00 💸 |
| capitalization rate: | 🚩 Poor 0% Simulated Rating: 0.00 💹 |
| exit strategy: | ⚠️ Fair 60% Time On Market: 6783 days 🕰️ |
| year built: | 🚩 Poor 0% Time Built: 1955 🕰️ |
| property info: | 📌 Good 80% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 3 🏠 Home Living Area: 987 🏠 |