Auction Property: NESS COMPANY INC*
Owner's Name: NESS COMPANY INC*
Location: 207 HOUSE RD
Amount Owed: $1,334
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: 11.40
Decision: ⚠️ Consider
Market Value: $314,425
Current Price: $302,600
Cost to Build: $258,360.00
10yr Cashflows: $172,602.60
Suggested Bid: $17,260.26 - $86,301.30
Cap Rate: 7.96%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Buy 🏅
| location: | 📌 Good 73% |
| marketRent: | 📌 Good 100% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 30% |
| marketDemand: | 🚩 Poor 0% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | 🚩 Poor 0% |
| acquisitionVsMarketValue: | 🚩 Poor 19% |
Level 2 (Simulation)
**involves significant stress testing
Decision: Buy 🏅
| location: | City: Columbia 🚲 County: Lexington County 🚲 |
| price vs market value: | ⚠️ Fair 40% Value Ratio: 0.96 💹 Current Price: $302,600.00 💸 Zestimate Price: $302,600.00 💸 Tax Assessed Value: $181,217.00 💸 Average Nearby Price: $314,425.00 💸 |
| school trends: | ⚠️ Fair 50% Average School Rating: 4.67 💹 |
| taxes: | 📌 Good 100% Annual Tax: $698.75 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $1,271.00 💸 Total Annual Cost: $1,969.75 💸 |
| rent potential: | 📌 Good 100% Estimated Rent Price: $2,171.00 💸 |
| capitalization rate: | ⚠️ Fair 63% Simulated Rating: 7.14 💹 |
| exit strategy: | 📌 Good 100% Time On Market: 10065 days 🕰️ |
| year built: | 🚩 Poor 0% Time Built: 1972 🕰️ |
| property info: | 📌 Good 80% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 4 🏠 Home Living Area: 2153 🏠 |