Auction Property: DIXON ERNEST L
Owner's Name: DIXON ERNEST L
Location: 503 HILLCREST AVE
Amount Owed: $450
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: 11.40
Decision: ⚠️ Consider
Market Value: $122,400
Current Price: $94,800
Cost to Build: $107,640.00
10yr Cashflows: $90,713.76
Suggested Bid: $9,071.38 - $45,356.88
Cap Rate: 13.66%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Buy 🏅
| location: | ⚠️ Fair 42% |
| marketRent: | 📌 Good 71% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 13% |
| marketDemand: | 🚩 Poor 0% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | ⚠️ Fair 53% |
| acquisitionVsMarketValue: | 📌 Good 100% |
Level 2 (Simulation)
**involves significant stress testing
Decision: Buy 🏅
| location: | City: Columbia 🚲 County: Richland County 🚲 |
| price vs market value: | ⚠️ Fair 40% Value Ratio: 0.77 💹 Current Price: $94,800.00 💸 Zestimate Price: $94,800.00 💸 Tax Assessed Value: $43,600.00 💸 Average Nearby Price: $122,400.00 💸 |
| school trends: | ⚠️ Fair 50% Average School Rating: 3.00 💹 |
| taxes: | 📌 Good 100% Annual Tax: $347.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $398.00 💸 Total Annual Cost: $745.00 💸 |
| rent potential: | ⚠️ Fair 50% Estimated Rent Price: $1,141.00 💸 |
| capitalization rate: | 📌 Good 88% Simulated Rating: 10.78 💹 |
| exit strategy: | 📌 Good 100% Time On Market: 11336 days 🕰️ |
| year built: | 🚩 Poor 0% Time Built: 1940 🕰️ |
| property info: | ⚠️ Fair 50% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 2 🏠 Home Living Area: 897 🏠 |