Auction Property: HAYES MARY ET AL

 


Owner's Name: HAYES MARY ET AL

Location: 5996 HIGHBEE RD

Amount Owed: $2,035

Type: SINGLE_FAMILY

View:   View on Zillow     |   View on Realtor

Overall (Final)

Score: 10.59

Decision: ⚠️ Consider  

Market Value: $67,763

Current Price: $62,900

Cost to Build: $176,160.00

10yr Cashflows: $89,600.71

Suggested Bid: $8,960.07 - $44,800.35

Cap Rate: 18.14%

** cap rate calculated based on Current Price 

Level 1 (Analysis)

Decision: Hold

location: 🚩 Poor 33%
marketRent: 📌 Good 70%
taxHistory: 📌 Good 100%
lotFeatures: 🚩 Poor 21%
marketDemand: ⚠️ Fair 50%
propertyType: 📌 Good 100%
legalConsiderations: 📌 Good 100%
developmentFeasibility: 🚩 Poor 24%
acquisitionVsMarketValue: 🚩 Poor 36%

Level 2 (Simulation)

**involves significant stress testing

Decision: Hold

location: City: Hopkins 🚲 County: Richland County 🚲
price vs market value: ⚠️ Fair 40% Value Ratio: 0.93 💹 Current Price: $62,900.00 💸 Zestimate Price: $0.00 💸 Tax Assessed Value: $62,900.00 💸 Average Nearby Price: $67,762.50 💸
school trends: ⚠️ Fair 50% Average School Rating: 3.67 💹
taxes: 📌 Good 100% Annual Tax: $1,848.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $264.00 💸 Total Annual Cost: $2,112.00 💸
rent potential: ⚠️ Fair 50% Estimated Rent Price: $1,127.00 💸
capitalization rate: 📌 Good 100% Simulated Rating: 13.80 💹
exit strategy: 📌 Good 100% Time On Market: 0 🕰️
year built: 🚩 Poor 0% Time Built: 1960 🕰️
property info: 📌 Good 80% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 3 🏠 Home Living Area: 1468 🏠