Auction Property: FREDERICK MILTON JR
Owner's Name: FREDERICK MILTON JR
Location: 3933 CANDLELITE DR
Amount Owed: $1,365
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: 8.96
Decision: 🚩 Do Not Buy
Market Value: $68,075
Current Price: $78,200
Cost to Build: $123,000.00
10yr Cashflows: $106,455.50
Suggested Bid: $10,645.55 - $53,227.75
Cap Rate: 18.61%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Do Not Buy 🏅
| location: | ⚠️ Fair 41% |
| marketRent: | 📌 Good 84% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 14% |
| marketDemand: | ⚠️ Fair 50% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | ⚠️ Fair 47% |
| acquisitionVsMarketValue: | 🚩 Poor -74% |
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: 1.15 💹 Current Price: $78,200.00 💸 Zestimate Price: $78,200.00 💸 Tax Assessed Value: $27,400.00 💸 Average Nearby Price: $68,075.00 💸 |
| school trends: | 📌 Good 75% Average School Rating: 5.33 💹 |
| taxes: | 📌 Good 100% Annual Tax: $1,190.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $328.00 💸 Total Annual Cost: $1,518.00 💸 |
| rent potential: | ⚠️ Fair 50% Estimated Rent Price: $1,339.00 💸 |
| capitalization rate: | 📌 Good 100% Simulated Rating: 15.18 💹 |
| exit strategy: | 📌 Good 100% Time On Market: 0 🕰️ |
| year built: | 🚩 Poor 0% Time Built: 1971 🕰️ |
| property info: | 📌 Good 80% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 3 🏠 Home Living Area: 1025 🏠 |