Auction Property: WILLIAMS LEROY
Owner's Name: WILLIAMS LEROY
Location: 209 WOLFE RD
Amount Owed: $845
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: 7.12
Decision: 🚩 Do Not Buy
Market Value: $241,775
Current Price: $362,600
Cost to Build: $375,720.00
10yr Cashflows: $173,318.14
Suggested Bid: $17,331.81 - $86,659.07
Cap Rate: 6.42%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Do Not Buy 🏅
| location: | 📌 Good 85% |
| marketRent: | 📌 Good 100% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | ⚠️ Fair 44% |
| marketDemand: | ⚠️ Fair 50% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | 🚩 Poor 0% |
| acquisitionVsMarketValue: | 🚩 Poor -250% |
Level 2 (Simulation)
**involves significant stress testing
Decision: Do Not Buy 🏅
| location: | City: Greer 🚲 County: Greenville County 🚲 |
| price vs market value: | ⚠️ Fair 40% Value Ratio: 1.50 💹 Current Price: $362,600.00 💸 Zestimate Price: $362,600.00 💸 Tax Assessed Value: $234,710.00 💸 Average Nearby Price: $241,775.00 💸 |
| school trends: | 📌 Good 100% Average School Rating: 7.00 💹 |
| taxes: | 📌 Good 100% Annual Tax: $1,369.28 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $1,523.00 💸 Total Annual Cost: $2,892.28 💸 |
| rent potential: | 📌 Good 100% Estimated Rent Price: $2,180.00 💸 |
| capitalization rate: | 🚩 Poor 38% Simulated Rating: 5.73 💹 |
| exit strategy: | 📌 Good 100% Time On Market: 0 🕰️ |
| year built: | 🚩 Poor 0% Time Built: 1967 🕰️ |
| property info: | 📌 Good 100% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 3 🏠 Home Living Area: 3131 🏠 |