Auction Property: CERVANTES CRISTOBAL
Owner's Name: CERVANTES CRISTOBAL
Location: 417 HORSESHOE CIR
Amount Owed: $2,827
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: 4.46
Decision: 🚩 Do Not Buy
Market Value: $91,138
Current Price: $131,100
Cost to Build: $125,280.00
10yr Cashflows: $88,567.16
Suggested Bid: $8,856.72 - $44,283.58
Cap Rate: 7.81%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Do Not Buy
| location: | 🚩 Poor 40% |
| marketRent: | ⚠️ Fair 70% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 15% |
| marketDemand: | 🚩 Poor 0% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | ⚠️ Fair 46% |
| acquisitionVsMarketValue: | 🚩 Poor -219% |
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: 1.44 💹 Current Price: $131,100.00 💸 Zestimate Price: $131,100.00 💸 Tax Assessed Value: $60,000.00 💸 Average Nearby Price: $91,137.50 💸 |
| school trends: | ⚠️ Fair 50% Average School Rating: 4.00 💹 |
| taxes: | 📌 Good 100% Annual Tax: $2,583.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $551.00 💸 Total Annual Cost: $3,134.00 💸 |
| rent potential: | ⚠️ Fair 50% Estimated Rent Price: $1,114.00 💸 |
| capitalization rate: | 🚩 Poor 38% Simulated Rating: 5.72 💹 |
| exit strategy: | 📌 Good 100% Time On Market: 1447 days 🕰️ |
| year built: | 🚩 Poor 0% Time Built: 1960 🕰️ |
| property info: | ⚠️ Fair 50% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 2 🏠 Home Living Area: 1044 🏠 |