Auction Property: CARTER ROGER DESMOND
Owner's Name: CARTER ROGER DESMOND
Location: 6 HICORIA CT
Amount Owed: $1,205
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: 8.32
Decision: 🚩 Do Not Buy
Market Value: $118,238
Current Price: $132,800
Cost to Build: $156,000.00
10yr Cashflows: $101,923.78
Suggested Bid: $10,192.38 - $50,961.89
Cap Rate: 8.88%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Do Not Buy 🏅
| location: | ⚠️ Fair 42% |
| marketRent: | 📌 Good 80% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 18% |
| marketDemand: | ⚠️ Fair 50% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | 🚩 Poor 32% |
| acquisitionVsMarketValue: | 🚩 Poor -62% |
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: 1.12 💹 Current Price: $132,800.00 💸 Zestimate Price: $132,800.00 💸 Tax Assessed Value: $90,000.00 💸 Average Nearby Price: $118,237.50 💸 |
| school trends: | ⚠️ Fair 50% Average School Rating: 3.33 💹 |
| taxes: | 📌 Good 75% Annual Tax: $3,033.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $558.00 💸 Total Annual Cost: $3,591.00 💸 |
| rent potential: | ⚠️ Fair 50% Estimated Rent Price: $1,282.00 💸 |
| capitalization rate: | ⚠️ Fair 63% Simulated Rating: 6.85 💹 |
| exit strategy: | 📌 Good 100% Time On Market: 0 🕰️ |
| year built: | 🚩 Poor 0% Time Built: 1970 🕰️ |
| property info: | 📌 Good 80% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 3 🏠 Home Living Area: 1300 🏠 |