Auction Property: DIXON MICHAEL L & TODD E
Owner's Name: DIXON MICHAEL L & TODD E
Location: 112 MILWAY RD
Amount Owed: $3,398
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: 11.41
Decision: ⚠️ Consider
Market Value: $203,800
Current Price: $187,100
Cost to Build: $173,160.00
10yr Cashflows: $130,227.11
Suggested Bid: $13,022.71 - $65,113.56
Cap Rate: 8.47%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Buy 🏅
| location: | 📌 Good 72% |
| marketRent: | 📌 Good 100% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 20% |
| marketDemand: | 🚩 Poor 0% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | 🚩 Poor 25% |
| acquisitionVsMarketValue: | ⚠️ Fair 41% |
Level 2 (Simulation)
**involves significant stress testing
Decision: Buy 🏅
| location: | City: Irmo 🚲 County: Richland County 🚲 |
| price vs market value: | ⚠️ Fair 40% Value Ratio: 0.92 💹 Current Price: $187,100.00 💸 Zestimate Price: $187,100.00 💸 Tax Assessed Value: $95,700.00 💸 Average Nearby Price: $203,800.00 💸 |
| school trends: | 📌 Good 75% Average School Rating: 5.67 💹 |
| taxes: | 📌 Good 75% Annual Tax: $3,025.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $786.00 💸 Total Annual Cost: $3,811.00 💸 |
| rent potential: | 📌 Good 75% Estimated Rent Price: $1,638.00 💸 |
| capitalization rate: | ⚠️ Fair 63% Simulated Rating: 7.08 💹 |
| exit strategy: | ⚠️ Fair 60% Time On Market: 6611 days 🕰️ |
| year built: | 🚩 Poor 0% Time Built: 1979 🕰️ |
| property info: | 📌 Good 80% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 3 🏠 Home Living Area: 1443 🏠 |