Auction Property: NELLTECH LLC
Owner's Name: NELLTECH LLC
Location: 308 CHRISTIAN ST
Amount Owed: $249
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: -3.15
Decision: 🚩 Do Not Buy
Market Value: $101,500
Current Price: $240,000
Cost to Build: $172,800.00
10yr Cashflows: $112,100.26
Suggested Bid: $11,210.03 - $56,050.13
Cap Rate: 6.57%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Do Not Buy 🏅
| location: | ⚠️ Fair 42% |
| marketRent: | 📌 Good 88% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 20% |
| marketDemand: | 🚩 Poor 0% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | 🚩 Poor 25% |
| acquisitionVsMarketValue: | 🚩 Poor -682% |
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: 2.36 💹 Current Price: $240,000.00 💸 Zestimate Price: $0.00 💸 Tax Assessed Value: $4,500.00 💸 Average Nearby Price: $101,499.88 💸 |
| school trends: | ⚠️ Fair 50% Average School Rating: 4.00 💹 |
| taxes: | 📌 Good 100% Annual Tax: $143.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $1,008.00 💸 Total Annual Cost: $1,151.00 💸 |
| rent potential: | ⚠️ Fair 50% Estimated Rent Price: $1,410.00 💸 |
| capitalization rate: | 🚩 Poor 38% Simulated Rating: 5.46 💹 |
| exit strategy: | 📌 Good 100% Time On Market: 180 days 🕰️ |
| year built: | 📌 Good 100% Time Built: 2024 🕰️ |
| property info: | 📌 Good 80% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 3 🏠 Home Living Area: 1440 🏠 |