Auction Property: COX CHRISTOPHER A
Owner's Name: COX CHRISTOPHER A
Location: 1312 WESSINGER RD
Amount Owed: $1,871
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: 7.50
Decision: 🚩 Do Not Buy
Market Value: $173,900
Current Price: $209,700
Cost to Build: $160,440.00
10yr Cashflows: $116,393.46
Suggested Bid: $11,639.35 - $58,196.73
Cap Rate: 7.16%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Do Not Buy
| location: | ⚠️ Fair 49% |
| marketRent: | 📌 Good 92% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 19% |
| marketDemand: | 🚩 Poor 0% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | 🚩 Poor 30% |
| acquisitionVsMarketValue: | 🚩 Poor -103% |
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: 1.21 💹 Current Price: $209,700.00 💸 Zestimate Price: $209,700.00 💸 Tax Assessed Value: $178,100.00 💸 Average Nearby Price: $173,900.00 💸 |
| school trends: | ⚠️ Fair 50% Average School Rating: 2.33 💹 |
| taxes: | 📌 Good 100% Annual Tax: $1,673.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $881.00 💸 Total Annual Cost: $2,554.00 💸 |
| rent potential: | ⚠️ Fair 50% Estimated Rent Price: $1,464.00 💸 |
| capitalization rate: | 🚩 Poor 38% Simulated Rating: 5.90 💹 |
| exit strategy: | ⚠️ Fair 60% Time On Market: 4648 days 🕰️ |
| year built: | 🚩 Poor 0% Time Built: 1975 🕰️ |
| property info: | 📌 Good 80% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 3 🏠 Home Living Area: 1337 🏠 |