Auction Property: SCOTT HENRY
Owner's Name: SCOTT HENRY
Location: 1440 HAYSTACK RD
Amount Owed: $1,103
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: -20.73
Decision: 🚩 Do Not Buy
Market Value: $39,768
Current Price: $165,700
Cost to Build: $209,520.00
10yr Cashflows: $124,979.87
Suggested Bid: $12,497.99 - $62,489.93
Cap Rate: 10.4%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Do Not Buy 🏅
| location: | 🚩 Poor 29% |
| marketRent: | 📌 Good 98% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 24% |
| marketDemand: | 🚩 Poor 0% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | 🚩 Poor 9% |
| acquisitionVsMarketValue: | 🚩 Poor -1,583% |
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: 4.17 💹 Current Price: $165,700.00 💸 Zestimate Price: $165,700.00 💸 Tax Assessed Value: $76,500.00 💸 Average Nearby Price: $39,767.50 💸 |
| school trends: | ⚠️ Fair 50% Average School Rating: 4.00 💹 |
| taxes: | 📌 Good 100% Annual Tax: $939.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $696.00 💸 Total Annual Cost: $1,635.00 💸 |
| rent potential: | 📌 Good 75% Estimated Rent Price: $1,572.00 💸 |
| capitalization rate: | 📌 Good 75% Simulated Rating: 8.81 💹 |
| exit strategy: | 📌 Good 100% Time On Market: 16487 days 🕰️ |
| year built: | 📌 Good 100% Time Built: 2017 🕰️ |
| property info: | 📌 Good 80% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 3 🏠 Home Living Area: 1746 🏠 |