Auction Property: CHICK CEDRIC B
Owner's Name: CHICK CEDRIC B
Location: 518 CHILHOWIE RD
Amount Owed: $739
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: 8.22
Decision: 🚩 Do Not Buy
Market Value: $171,763
Current Price: $204,400
Cost to Build: $186,360.00
10yr Cashflows: $120,368.65
Suggested Bid: $12,036.87 - $60,184.33
Cap Rate: 8.18%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Do Not Buy 🏅
| location: | ⚠️ Fair 52% |
| marketRent: | 📌 Good 95% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 22% |
| marketDemand: | 🚩 Poor 0% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | 🚩 Poor 19% |
| acquisitionVsMarketValue: | 🚩 Poor -95% |
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: 1.19 💹 Current Price: $204,400.00 💸 Zestimate Price: $204,400.00 💸 Tax Assessed Value: $78,500.00 💸 Average Nearby Price: $171,762.50 💸 |
| school trends: | ⚠️ Fair 50% Average School Rating: 3.00 💹 |
| taxes: | 📌 Good 100% Annual Tax: $592.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $858.00 💸 Total Annual Cost: $1,450.00 💸 |
| rent potential: | 📌 Good 75% Estimated Rent Price: $1,514.00 💸 |
| capitalization rate: | ⚠️ Fair 63% Simulated Rating: 6.89 💹 |
| exit strategy: | ⚠️ Fair 60% Time On Market: 4883 days 🕰️ |
| year built: | 🚩 Poor 0% Time Built: 1980 🕰️ |
| property info: | 📌 Good 80% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 3 🏠 Home Living Area: 1553 🏠 |