Auction Property: SCOTT KWAN CHANELL
Owner's Name: SCOTT KWAN CHANELL
Location: 1437 S GOODWIN CIR
Amount Owed: $1,089
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: 5.93
Decision: 🚩 Do Not Buy
Market Value: $53,013
Current Price: $74,800
Cost to Build: $168,000.00
10yr Cashflows: $118,381.06
Suggested Bid: $11,838.11 - $59,190.53
Cap Rate: 22.23%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Do Not Buy 🏅
| location: | 🚩 Poor 30% |
| marketRent: | 📌 Good 93% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 20% |
| marketDemand: | ⚠️ Fair 50% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | 🚩 Poor 27% |
| acquisitionVsMarketValue: | 🚩 Poor -205% |
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: 1.41 💹 Current Price: $74,800.00 💸 Zestimate Price: $0.00 💸 Tax Assessed Value: $74,800.00 💸 Average Nearby Price: $53,012.50 💸 |
| school trends: | ⚠️ Fair 50% Average School Rating: 3.67 💹 |
| taxes: | 📌 Good 100% Annual Tax: $926.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $314.00 💸 Total Annual Cost: $1,240.00 💸 |
| rent potential: | ⚠️ Fair 50% Estimated Rent Price: $1,489.00 💸 |
| capitalization rate: | 📌 Good 100% Simulated Rating: 18.70 💹 |
| exit strategy: | 📌 Good 100% Time On Market: 0 🕰️ |
| year built: | 🚩 Poor 0% Time Built: 1971 🕰️ |
| property info: | 📌 Good 80% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 3 🏠 Home Living Area: 1400 🏠 |