Auction Property: HARE CLARENCE J & JESSIE A
Owner's Name: HARE CLARENCE J & JESSIE A
Location: 315 S HIGHLAND FOREST DR
Amount Owed: $1,173
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: 4.31
Decision: 🚩 Do Not Buy
Market Value: $126,830
Current Price: $191,000
Cost to Build: $171,360.00
10yr Cashflows: $115,677.93
Suggested Bid: $11,567.79 - $57,838.97
Cap Rate: 8.38%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Do Not Buy
| location: | 🚩 Poor 39% |
| marketRent: | 📌 Good 91% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 20% |
| marketDemand: | ⚠️ Fair 50% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | 🚩 Poor 26% |
| acquisitionVsMarketValue: | 🚩 Poor -253% |
Level 2 (Simulation)
**involves significant stress testing
Decision: Do Not Buy
| location: | City: Columbia 🚲 County: Richland County 🚲 |
| price vs market value: | ⚠️ Fair 40% Value Ratio: 1.51 💹 Current Price: $191,000.00 💸 Zestimate Price: $191,000.00 💸 Tax Assessed Value: $85,700.00 💸 Average Nearby Price: $126,830.00 💸 |
| school trends: | ⚠️ Fair 50% Average School Rating: 2.33 💹 |
| taxes: | 📌 Good 100% Annual Tax: $644.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $802.00 💸 Total Annual Cost: $1,446.00 💸 |
| rent potential: | ⚠️ Fair 50% Estimated Rent Price: $1,455.00 💸 |
| capitalization rate: | ⚠️ Fair 63% Simulated Rating: 7.00 💹 |
| exit strategy: | 📌 Good 100% Time On Market: 0 🕰️ |
| year built: | 🚩 Poor 0% Time Built: 1971 🕰️ |
| property info: | ⚠️ Fair 50% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 2 🏠 Home Living Area: 1428 🏠 |