Auction Property: NELSON CARMEN COLON
Owner's Name: NELSON CARMEN COLON
Location: 1817 FARAWAY DR
Amount Owed: $2,802
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: 9.56
Decision: 🚩 Do Not Buy
Market Value: $155,575
Current Price: $170,000
Cost to Build: $184,320.00
10yr Cashflows: $126,728.95
Suggested Bid: $12,672.89 - $63,364.47
Cap Rate: 9.33%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Hold
| location: | ⚠️ Fair 55% |
| marketRent: | 📌 Good 100% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 22% |
| marketDemand: | ⚠️ Fair 50% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | 🚩 Poor 20% |
| acquisitionVsMarketValue: | 🚩 Poor -46% |
Level 2 (Simulation)
**involves significant stress testing
Decision: Hold
| location: | City: Columbia 🚲 County: Richland County 🚲 |
| price vs market value: | ⚠️ Fair 40% Value Ratio: 1.09 💹 Current Price: $170,000.00 💸 Zestimate Price: $170,000.00 💸 Tax Assessed Value: $59,300.00 💸 Average Nearby Price: $155,575.00 💸 |
| school trends: | ⚠️ Fair 50% Average School Rating: 4.33 💹 |
| taxes: | 📌 Good 100% Annual Tax: $2,559.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $714.00 💸 Total Annual Cost: $3,273.00 💸 |
| rent potential: | 📌 Good 75% Estimated Rent Price: $1,594.00 💸 |
| capitalization rate: | ⚠️ Fair 63% Simulated Rating: 7.79 💹 |
| exit strategy: | 📌 Good 100% Time On Market: 0 🕰️ |
| year built: | 🚩 Poor 0% Time Built: 1969 🕰️ |
| property info: | 📌 Good 80% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 3 🏠 Home Living Area: 1536 🏠 |