Auction Property: FORD AMOS & SHIRLEY

 


Owner's Name: FORD AMOS & SHIRLEY

Location: 113 STONEARROW ST

Amount Owed: $785

Type: SINGLE_FAMILY

View:   View on Zillow     |   View on Realtor

Overall (Final)

Score: -50.04

Decision: 🚩 Do Not Buy  

Market Value: $25,988

Current Price: $184,100

Cost to Build: $144,000.00

10yr Cashflows: $125,774.90

Suggested Bid: $12,577.49 - $62,887.45

Cap Rate: 9.55%

** cap rate calculated based on Current Price 

Level 1 (Analysis)

Decision: Do Not Buy 🏅

location: 🚩 Poor 34%
marketRent: 📌 Good 99%
taxHistory: 📌 Good 100%
lotFeatures: 🚩 Poor 17%
marketDemand: 🚩 Poor 0%
propertyType: 📌 Good 100%
legalConsiderations: 📌 Good 100%
developmentFeasibility: 🚩 Poor 38%
acquisitionVsMarketValue: 🚩 Poor -3,042%

Level 2 (Simulation)

**involves significant stress testing

Decision: Do Not Buy 🏅

location: City: Elgin 🚲 County: Kershaw County 🚲
price vs market value: ⚠️ Fair 40% Value Ratio: 7.08 💹 Current Price: $184,100.00 💸 Zestimate Price: $184,100.00 💸 Tax Assessed Value: $77,700.00 💸 Average Nearby Price: $25,987.50 💸
school trends: 📌 Good 75% Average School Rating: 5.67 💹
taxes: 📌 Good 100% Annual Tax: $635.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $773.00 💸 Total Annual Cost: $1,408.00 💸
rent potential: 📌 Good 75% Estimated Rent Price: $1,582.00 💸
capitalization rate: 📌 Good 75% Simulated Rating: 8.12 💹
exit strategy: ⚠️ Fair 60% Time On Market: 5675 days 🕰️
year built: ⚠️ Fair 63% Time Built: 1989 🕰️
property info: 📌 Good 80% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 3 🏠 Home Living Area: 1200 🏠