Auction Property: SHARPER JAMES & JOHN A JR
Owner's Name: SHARPER JAMES & JOHN A JR
Location: 2013 LARCHMONT DR
Amount Owed: $1,201
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: 8.35
Decision: 🚩 Do Not Buy
Market Value: $157,413
Current Price: $185,900
Cost to Build: $165,240.00
10yr Cashflows: $122,753.76
Suggested Bid: $12,275.38 - $61,376.88
Cap Rate: 8.99%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Do Not Buy 🏅
| location: | ⚠️ Fair 52% |
| marketRent: | 📌 Good 97% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 19% |
| marketDemand: | 🚩 Poor 0% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | 🚩 Poor 28% |
| acquisitionVsMarketValue: | 🚩 Poor -90% |
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: 1.18 💹 Current Price: $185,900.00 💸 Zestimate Price: $185,900.00 💸 Tax Assessed Value: $95,300.00 💸 Average Nearby Price: $157,412.50 💸 |
| school trends: | ⚠️ Fair 50% Average School Rating: 3.67 💹 |
| taxes: | 📌 Good 100% Annual Tax: $1,030.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $781.00 💸 Total Annual Cost: $1,811.00 💸 |
| rent potential: | 📌 Good 75% Estimated Rent Price: $1,544.00 💸 |
| capitalization rate: | ⚠️ Fair 63% Simulated Rating: 7.58 💹 |
| exit strategy: | ⚠️ Fair 60% Time On Market: 4582 days 🕰️ |
| year built: | 🚩 Poor 0% Time Built: 1974 🕰️ |
| property info: | 📌 Good 80% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 3 🏠 Home Living Area: 1377 🏠 |