Auction Property: MACON DENNIS

 


Owner's Name: MACON DENNIS

Location: 1617 JOE COLLINS RD

Amount Owed: $847

Type: SINGLE_FAMILY

View:   View on Zillow     |   View on Realtor

Overall (Final)

Score: 9.88

Decision: 🚩 Do Not Buy  

Market Value: $42,950

Current Price: $10,500

Cost to Build: $195,120.00

10yr Cashflows: $92,462.84

Suggested Bid: $9,246.28 - $46,231.42

Cap Rate: Unknown 

Level 1 (Analysis)

Decision: Do Not Buy

location: 🚩 Poor 29%
marketRent: 📌 Good 73%
taxHistory: 📌 Good 100%
lotFeatures: 🚩 Poor 23%
marketDemand: 🚩 Poor 0%
propertyType: 📌 Good 100%
legalConsiderations: 📌 Good 100%
developmentFeasibility: 🚩 Poor 15%
acquisitionVsMarketValue: 📌 Good 100%

Level 2 (Simulation)

**involves significant stress testing

Decision: Do Not Buy

location: City: Eastover 🚲 County: Richland County 🚲
price vs market value: ⚠️ Fair 40% Value Ratio: 0.24 💹 Current Price: $10,500.00 💸 Zestimate Price: $0.00 💸 Tax Assessed Value: $10,500.00 💸 Average Nearby Price: $42,950.00 💸
school trends: ⚠️ Fair 50% Average School Rating: 4.00 💹
taxes: 📌 Good 100% Annual Tax: $695.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $44.00 💸 Total Annual Cost: $739.00 💸
rent potential: ⚠️ Fair 50% Estimated Rent Price: $1,163.00 💸
capitalization rate: 🚩 Poor 0% Simulated Rating: 0.00 💹
exit strategy: 🚩 Poor 0% Time On Market: 9069 days 🕰️
year built: 🚩 Poor 0% Time Built: 1940 🕰️
property info: ⚠️ Fair 50% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 2 🏠 Home Living Area: 1626 🏠