Auction Property: NELLTECH LLC
Owner's Name: NELLTECH LLC
Location: 801 N HIGHLAND FOREST DR
Amount Owed: $2,981
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: 6.15
Decision: 🚩 Do Not Buy
Market Value: $113,875
Current Price: $170,400
Cost to Build: $162,240.00
10yr Cashflows: $127,762.50
Suggested Bid: $12,776.25 - $63,881.25
Cap Rate: 9.29%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Do Not Buy 🏅
| location: | 🚩 Poor 36% |
| marketRent: | 📌 Good 100% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 19% |
| marketDemand: | ⚠️ Fair 50% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | 🚩 Poor 30% |
| acquisitionVsMarketValue: | 🚩 Poor -248% |
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: 1.50 💹 Current Price: $170,400.00 💸 Zestimate Price: $170,400.00 💸 Tax Assessed Value: $79,900.00 💸 Average Nearby Price: $113,875.00 💸 |
| school trends: | ⚠️ Fair 50% Average School Rating: 2.33 💹 |
| taxes: | 📌 Good 100% Annual Tax: $2,734.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $716.00 💸 Total Annual Cost: $3,450.00 💸 |
| rent potential: | 📌 Good 75% Estimated Rent Price: $1,607.00 💸 |
| capitalization rate: | ⚠️ Fair 63% Simulated Rating: 7.76 💹 |
| exit strategy: | 📌 Good 100% Time On Market: 0 🕰️ |
| year built: | 📌 Good 100% Time Built: 2011 🕰️ |
| property info: | 📌 Good 80% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 3 🏠 Home Living Area: 1352 🏠 |