Auction Property: HARPER JAMES & LENA G
Owner's Name: HARPER JAMES & LENA G
Location: 1038 MASON RD
Amount Owed: $1,031
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: 8.10
Decision: 🚩 Do Not Buy
Market Value: $132,613
Current Price: $158,700
Cost to Build: $189,000.00
10yr Cashflows: $118,301.55
Suggested Bid: $11,830.16 - $59,150.78
Cap Rate: 10.28%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Do Not Buy 🏅
| location: | ⚠️ Fair 44% |
| marketRent: | 📌 Good 93% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 22% |
| marketDemand: | ⚠️ Fair 50% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | 🚩 Poor 18% |
| acquisitionVsMarketValue: | 🚩 Poor -98% |
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: 1.20 💹 Current Price: $158,700.00 💸 Zestimate Price: $158,700.00 💸 Tax Assessed Value: $67,000.00 💸 Average Nearby Price: $132,612.50 💸 |
| school trends: | ⚠️ Fair 50% Average School Rating: 3.00 💹 |
| taxes: | 📌 Good 100% Annual Tax: $870.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $667.00 💸 Total Annual Cost: $1,537.00 💸 |
| rent potential: | ⚠️ Fair 50% Estimated Rent Price: $1,488.00 💸 |
| capitalization rate: | 📌 Good 75% Simulated Rating: 8.62 💹 |
| exit strategy: | 📌 Good 100% Time On Market: 0 🕰️ |
| year built: | 🚩 Poor 0% Time Built: 1965 🕰️ |
| property info: | 📌 Good 80% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 3 🏠 Home Living Area: 1575 🏠 |