Auction Property: WILSON WENDELL JR
Owner's Name: WILSON WENDELL JR
Location: 1032 GEORGE WILSON BLVD
Amount Owed: $866
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: -33.96
Decision: 🚩 Do Not Buy
Market Value: $29,363
Current Price: $157,300
Cost to Build: $72,000.00
10yr Cashflows: $79,662.74
Suggested Bid: $7,966.27 - $39,831.37
Cap Rate: 6.77%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Do Not Buy 🏅
| location: | 🚩 Poor 26% |
| marketRent: | ⚠️ Fair 63% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 8% |
| marketDemand: | ⚠️ Fair 50% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | ⚠️ Fair 69% |
| acquisitionVsMarketValue: | 🚩 Poor -2,179% |
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: 5.36 💹 Current Price: $157,300.00 💸 Zestimate Price: $157,300.00 💸 Tax Assessed Value: $90,000.00 💸 Average Nearby Price: $29,362.50 💸 |
| school trends: | ⚠️ Fair 50% Average School Rating: 4.00 💹 |
| taxes: | 📌 Good 100% Annual Tax: $713.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $661.00 💸 Total Annual Cost: $1,374.00 💸 |
| rent potential: | ⚠️ Fair 50% Estimated Rent Price: $1,002.00 💸 |
| capitalization rate: | 🚩 Poor 38% Simulated Rating: 5.02 💹 |
| exit strategy: | 📌 Good 100% Time On Market: 0 🕰️ |
| year built: | 📌 Good 100% Time Built: 2004 🕰️ |
| property info: | ⚠️ Fair 50% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 1 🏠 Home Living Area: 600 🏠 |