Auction Property: DICKERSON ANTHONY RASHAD JR
Owner's Name: DICKERSON ANTHONY RASHAD JR
Location: 1375 BON AIR DR
Amount Owed: $1,796
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: 2.87
Decision: 🚩 Do Not Buy
Market Value: $60,763
Current Price: $103,300
Cost to Build: $109,920.00
10yr Cashflows: $91,667.80
Suggested Bid: $9,166.78 - $45,833.90
Cap Rate: 11.42%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Do Not Buy 🏅
| location: | 🚩 Poor 25% |
| marketRent: | 📌 Good 72% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 13% |
| marketDemand: | 🚩 Poor 0% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | ⚠️ Fair 52% |
| acquisitionVsMarketValue: | 🚩 Poor -350% |
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: 1.70 💹 Current Price: $103,300.00 💸 Zestimate Price: $103,300.00 💸 Tax Assessed Value: $41,300.00 💸 Average Nearby Price: $60,762.50 💸 |
| school trends: | ⚠️ Fair 50% Average School Rating: 2.33 💹 |
| taxes: | 📌 Good 100% Annual Tax: $1,602.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $434.00 💸 Total Annual Cost: $2,036.00 💸 |
| rent potential: | ⚠️ Fair 50% Estimated Rent Price: $1,153.00 💸 |
| capitalization rate: | 📌 Good 75% Simulated Rating: 8.79 💹 |
| exit strategy: | ⚠️ Fair 60% Time On Market: 6024 days 🕰️ |
| year built: | ⚠️ Fair 63% Time Built: 1990 🕰️ |
| property info: | 📌 Good 80% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 3 🏠 Home Living Area: 916 🏠 |