Auction Property: HARMON PATRICK L
Owner's Name: HARMON PATRICK L
Location: 413 SADDLETRAIL RD
Amount Owed: $777
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: 9.39
Decision: 🚩 Do Not Buy
Market Value: $86,525
Current Price: $96,400
Cost to Build: $122,160.00
10yr Cashflows: $100,095.20
Suggested Bid: $10,009.52 - $50,047.60
Cap Rate: 14.6%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Do Not Buy 🏅
| location: | 🚩 Poor 30% |
| marketRent: | 📌 Good 79% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 14% |
| marketDemand: | 🚩 Poor 0% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | ⚠️ Fair 47% |
| acquisitionVsMarketValue: | 🚩 Poor -57% |
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: 1.11 💹 Current Price: $96,400.00 💸 Zestimate Price: $96,400.00 💸 Tax Assessed Value: $33,500.00 💸 Average Nearby Price: $86,525.00 💸 |
| school trends: | ⚠️ Fair 50% Average School Rating: 2.33 💹 |
| taxes: | 📌 Good 100% Annual Tax: $628.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $405.00 💸 Total Annual Cost: $1,033.00 💸 |
| rent potential: | ⚠️ Fair 50% Estimated Rent Price: $1,259.00 💸 |
| capitalization rate: | 📌 Good 88% Simulated Rating: 11.80 💹 |
| exit strategy: | ⚠️ Fair 60% Time On Market: 6047 days 🕰️ |
| year built: | 📌 Good 100% Time Built: 2005 🕰️ |
| property info: | 📌 Good 80% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 3 🏠 Home Living Area: 1018 🏠 |