Auction Property: HARRIS DAVID & SUSIE MAE
Owner's Name: HARRIS DAVID & SUSIE MAE
Location: 213 AULT RD
Amount Owed: $923
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: 1.07
Decision: 🚩 Do Not Buy
Market Value: $62,293
Current Price: $115,300
Cost to Build: $153,000.00
10yr Cashflows: $97,074.06
Suggested Bid: $9,707.41 - $48,537.03
Cap Rate: 11.86%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Do Not Buy 🏅
| location: | 🚩 Poor 32% |
| marketRent: | 📌 Good 76% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 18% |
| marketDemand: | 🚩 Poor 0% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | 🚩 Poor 34% |
| acquisitionVsMarketValue: | 🚩 Poor -425% |
Level 2 (Simulation)
**involves significant stress testing
Decision: Do Not Buy 🏅
| location: | City: Hopkins 🚲 County: Richland County 🚲 |
| price vs market value: | ⚠️ Fair 40% Value Ratio: 1.85 💹 Current Price: $115,300.00 💸 Zestimate Price: $115,300.00 💸 Tax Assessed Value: $52,800.00 💸 Average Nearby Price: $62,293.13 💸 |
| school trends: | ⚠️ Fair 50% Average School Rating: 3.67 💹 |
| taxes: | 📌 Good 100% Annual Tax: $496.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $484.00 💸 Total Annual Cost: $980.00 💸 |
| rent potential: | ⚠️ Fair 50% Estimated Rent Price: $1,221.00 💸 |
| capitalization rate: | 📌 Good 75% Simulated Rating: 9.51 💹 |
| exit strategy: | 📌 Good 100% Time On Market: 20017 days 🕰️ |
| year built: | 🚩 Poor 0% Time Built: 1970 🕰️ |
| property info: | 📌 Good 80% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 3 🏠 Home Living Area: 1275 🏠 |