Auction Property: WELCH CHAD
Owner's Name: WELCH CHAD
Location: 1317 TOMS CREEK RD
Amount Owed: $703
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: 14.17
Decision: 💎 Strong Buy
Market Value: $156,113
Current Price: $36,600
Cost to Build: $341,760.00
10yr Cashflows: $174,431.19
Suggested Bid: $17,443.12 - $87,215.59
Cap Rate: 16.57%
** cap rate calculated based on Market Value
Level 1 (Analysis)
Decision: Buy 🏅
| location: | ⚠️ Fair 54% |
| marketRent: | 📌 Good 100% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 40% |
| marketDemand: | ⚠️ Fair 50% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | 🚩 Poor 0% |
| acquisitionVsMarketValue: | 📌 Good 100% |
Level 2 (Simulation)
**involves significant stress testing
Decision: Buy 🏅
| location: | City: Hopkins 🚲 County: Richland County 🚲 |
| price vs market value: | ⚠️ Fair 40% Value Ratio: 0.23 💹 Current Price: $36,600.00 💸 Zestimate Price: $0.00 💸 Tax Assessed Value: $36,600.00 💸 Average Nearby Price: $156,112.50 💸 |
| school trends: | ⚠️ Fair 50% Average School Rating: 4.00 💹 |
| taxes: | 📌 Good 100% Annual Tax: $304.03 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $154.00 💸 Total Annual Cost: $458.03 💸 |
| rent potential: | 📌 Good 100% Estimated Rent Price: $2,194.00 💸 |
| capitalization rate: | 📌 Good 100% Simulated Rating: 15.19 💹 |
| exit strategy: | 📌 Good 100% Time On Market: 0 🕰️ |
| year built: | ⚠️ Fair 63% Time Built: 1991 🕰️ |
| property info: | 📌 Good 100% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 4 🏠 Home Living Area: 2848 🏠 |