Auction Property: NANCE KENNETH GRAY
Owner's Name: NANCE KENNETH GRAY
Location: 500 GOODWIN WAY
Amount Owed: $588
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: 10.16
Decision: ⚠️ Consider
Market Value: $44,900
Current Price: $15,800
Cost to Build: $72,000.00
10yr Cashflows: $78,390.68
Suggested Bid: $7,839.07 - $39,195.34
Cap Rate: Unknown
Level 1 (Analysis)
Decision: Do Not Buy
| location: | 🚩 Poor 28% |
| marketRent: | ⚠️ Fair 62% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 8% |
| marketDemand: | 🚩 Poor 0% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | ⚠️ Fair 69% |
| acquisitionVsMarketValue: | 📌 Good 100% |
Level 2 (Simulation)
**involves significant stress testing
Decision: Do Not Buy
| location: | City: Gadsden 🚲 County: Richland County 🚲 |
| price vs market value: | ⚠️ Fair 40% Value Ratio: 0.35 💹 Current Price: $15,800.00 💸 Zestimate Price: $0.00 💸 Tax Assessed Value: $15,800.00 💸 Average Nearby Price: $44,900.00 💸 |
| school trends: | ⚠️ Fair 50% Average School Rating: 3.67 💹 |
| taxes: | 📌 Good 100% Annual Tax: $466.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $66.00 💸 Total Annual Cost: $532.00 💸 |
| rent potential: | 🚩 Poor 0% Estimated Rent Price: $986.00 💸 |
| capitalization rate: | 🚩 Poor 0% Simulated Rating: 0.00 💹 |
| exit strategy: | 📌 Good 100% Time On Market: 2034 days 🕰️ |
| year built: | 🚩 Poor 0% Time Built: 1940 🕰️ |
| property info: | 📌 Good 80% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 3 🏠 Home Living Area: 600 🏠 |