Auction Property: ERVIN SAM J
Owner's Name: ERVIN SAM J
Location: 6100 CEDAR RIDGE RD
Amount Owed: $3,271
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: 9.98
Decision: 🚩 Do Not Buy
Market Value: $409,525
Current Price: $444,700
Cost to Build: $375,000.00
10yr Cashflows: $217,760.72
Suggested Bid: $21,776.07 - $108,880.36
Cap Rate: 6.23%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Hold
| location: | 📌 Good 73% |
| marketRent: | 📌 Good 100% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | ⚠️ Fair 44% |
| marketDemand: | ⚠️ Fair 50% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 80% |
| developmentFeasibility: | 🚩 Poor 0% |
| acquisitionVsMarketValue: | 🚩 Poor -43% |
Level 2 (Simulation)
**involves significant stress testing
Decision: Hold
| location: | City: Columbia 🚲 County: Richland County 🚲 |
| price vs market value: | ⚠️ Fair 40% Value Ratio: 1.09 💹 Current Price: $444,700.00 💸 Zestimate Price: $444,700.00 💸 Tax Assessed Value: $284,900.00 💸 Average Nearby Price: $409,525.00 💸 |
| school trends: | ⚠️ Fair 50% Average School Rating: 4.67 💹 |
| taxes: | ⚠️ Fair 50% Annual Tax: $2,999.00 💸 Monthly Hoa Tax: $25.00 💸 Annual Insurance: $1,868.00 💸 Total Annual Cost: $5,167.00 💸 |
| rent potential: | 📌 Good 100% Estimated Rent Price: $2,739.00 💸 |
| capitalization rate: | 🚩 Poor 38% Simulated Rating: 5.70 💹 |
| exit strategy: | 📌 Good 100% Time On Market: 0 🕰️ |
| year built: | 🚩 Poor 0% Time Built: 1962 🕰️ |
| property info: | 📌 Good 100% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 6 🏠 Home Living Area: 3125 🏠 |