Auction Property: GAY DEBORAH MICHELE
Owner's Name: GAY DEBORAH MICHELE
Location: 3214 QUITMAN ST
Amount Owed: $1,148
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: 11.65
Decision: ⚠️ Consider
Market Value: $248,275
Current Price: $224,400
Cost to Build: $232,800.00
10yr Cashflows: $125,854.41
Suggested Bid: $12,585.44 - $62,927.20
Cap Rate: 7.58%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Buy 🏅
| location: | 📌 Good 72% |
| marketRent: | 📌 Good 99% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 27% |
| marketDemand: | 🚩 Poor 0% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | 🚩 Poor 0% |
| acquisitionVsMarketValue: | ⚠️ Fair 48% |
Level 2 (Simulation)
**involves significant stress testing
Decision: Buy 🏅
| location: | City: Columbia 🚲 County: Richland County 🚲 |
| price vs market value: | ⚠️ Fair 40% Value Ratio: 0.90 💹 Current Price: $224,400.00 💸 Zestimate Price: $224,400.00 💸 Tax Assessed Value: $130,000.00 💸 Average Nearby Price: $248,275.00 💸 |
| school trends: | ⚠️ Fair 50% Average School Rating: 4.33 💹 |
| taxes: | 📌 Good 100% Annual Tax: $1,037.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $942.00 💸 Total Annual Cost: $1,979.00 💸 |
| rent potential: | 📌 Good 75% Estimated Rent Price: $1,583.00 💸 |
| capitalization rate: | ⚠️ Fair 63% Simulated Rating: 6.42 💹 |
| exit strategy: | 📌 Good 100% Time On Market: 1575 days 🕰️ |
| year built: | 🚩 Poor 0% Time Built: 1958 🕰️ |
| property info: | 📌 Good 80% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 3 🏠 Home Living Area: 1940 🏠 |