Auction Property: CORDONI MICHAEL B ETAL
Owner's Name: CORDONI MICHAEL B ETAL
Location: 3622 ROCKBRIDGE RD
Amount Owed: $8,503
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: 12.16
Decision: 🏅 Buy
Market Value: $361,638
Current Price: $298,800
Cost to Build: $279,840.00
10yr Cashflows: $179,360.42
Suggested Bid: $17,936.04 - $89,680.21
Cap Rate: 5.96%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Buy 🏅
| location: | 📌 Good 73% |
| marketRent: | 📌 Good 100% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 33% |
| marketDemand: | ⚠️ Fair 50% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | 🚩 Poor 0% |
| acquisitionVsMarketValue: | 📌 Good 87% |
Level 2 (Simulation)
**involves significant stress testing
Decision: Buy 🏅
| location: | City: Columbia 🚲 County: Richland County 🚲 |
| price vs market value: | ⚠️ Fair 40% Value Ratio: 0.83 💹 Current Price: $298,800.00 💸 Zestimate Price: $298,800.00 💸 Tax Assessed Value: $207,800.00 💸 Average Nearby Price: $361,637.50 💸 |
| school trends: | ⚠️ Fair 50% Average School Rating: 4.67 💹 |
| taxes: | ⚠️ Fair 50% Annual Tax: $7,997.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $1,255.00 💸 Total Annual Cost: $9,252.00 💸 |
| rent potential: | 📌 Good 100% Estimated Rent Price: $2,256.00 💸 |
| capitalization rate: | 🚩 Poor 38% Simulated Rating: 5.14 💹 |
| exit strategy: | 📌 Good 100% Time On Market: 0 🕰️ |
| year built: | 🚩 Poor 0% Time Built: 1966 🕰️ |
| property info: | 📌 Good 80% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 4 🏠 Home Living Area: 2332 🏠 |