Auction Property: SIMS MICHAEL
Owner's Name: SIMS MICHAEL
Location: 1200 BLACKBERRY RD
Amount Owed: $806
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: 11.57
Decision: ⚠️ Consider
Market Value: $109,588
Current Price: $9,100
Cost to Build: $0.00
10yr Cashflows: $113,928.85
Suggested Bid: $11,392.88 - $56,964.42
Cap Rate: 15.06%
** cap rate calculated based on Market Value
Level 1 (Analysis)
Decision: Buy 🏅
| location: | ⚠️ Fair 42% |
| marketRent: | 📌 Good 90% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 35% |
| marketDemand: | 🚩 Poor 0% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | 🚩 Poor 0% |
| acquisitionVsMarketValue: | 📌 Good 100% |
Level 2 (Simulation)
**involves significant stress testing
Decision: Buy 🏅
| location: | City: Gadsden 🚲 County: Richland County 🚲 |
| price vs market value: | 📌 Good 80% Value Ratio: 0.08 💹 Current Price: $9,100.00 💸 Zestimate Price: $0.00 💸 Tax Assessed Value: $9,100.00 💸 Average Nearby Price: $109,587.50 💸 |
| school trends: | ⚠️ Fair 50% Average School Rating: 3.67 💹 |
| taxes: | 📌 Good 100% Annual Tax: $655.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $38.00 💸 Total Annual Cost: $693.00 💸 |
| rent potential: | ⚠️ Fair 50% Estimated Rent Price: $1,433.00 💸 |
| capitalization rate: | 🚩 Poor 0% Simulated Rating: 0.00 💹 |
| exit strategy: | ⚠️ Fair 60% Time On Market: 8648 days 🕰️ |
| year built: | 🚩 Poor 0% Time Built: 0 🕰️ |
| property info: | 📌 Good 70% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: null 🏠 Home Living Area: 2.05 Acres 🏠 |