Auction Property: HARRIS BERTHA

 


Owner's Name: HARRIS BERTHA

Location: 1171 ELGIN RD

Amount Owed: $707

Type: SINGLE_FAMILY

View:   View on Zillow     |   View on Realtor

Overall (Final)

Score: 14.08

Decision: 💎 Strong Buy  

Market Value: $148,063

Current Price: $4,900

Cost to Build: $0.00

10yr Cashflows: $144,696.79

Suggested Bid: $14,469.68 - $72,348.40

Cap Rate: 14.36%

** cap rate calculated based on Market Value 

Level 1 (Analysis)

Decision: Buy 🏅

location: ⚠️ Fair 60%
marketRent: 📌 Good 100%
taxHistory: 📌 Good 100%
lotFeatures: 🚩 Poor 35%
marketDemand: ⚠️ Fair 50%
propertyType: 📌 Good 100%
legalConsiderations: 📌 Good 100%
developmentFeasibility: 🚩 Poor 0%
acquisitionVsMarketValue: 📌 Good 100%

Level 2 (Simulation)

**involves significant stress testing

Decision: Buy 🏅

location: City: Elgin 🚲 County: Richland County 🚲
price vs market value: 📌 Good 100% Value Ratio: 0.03 💹 Current Price: $4,900.00 💸 Zestimate Price: $0.00 💸 Tax Assessed Value: $4,900.00 💸 Average Nearby Price: $148,063.13 💸
school trends: 📌 Good 75% Average School Rating: 5.67 💹
taxes: 📌 Good 100% Annual Tax: $561.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $21.00 💸 Total Annual Cost: $582.00 💸
rent potential: 📌 Good 75% Estimated Rent Price: $1,820.00 💸
capitalization rate: 📌 Good 100% Simulated Rating: 12.80 💹
exit strategy: 📌 Good 100% Time On Market: 0 🕰️
year built: 🚩 Poor 0% Time Built: 0 🕰️
property info: 📌 Good 70% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: null 🏠 Home Living Area: 0.86 Acres 🏠