Auction Property: PINEHURST DEVELOPMENT LLC
Owner's Name: PINEHURST DEVELOPMENT LLC
Location: 2917 CHESTNUT ST
Amount Owed: $986
Type: APARTMENT
View: View on Zillow | View on Realtor
Overall (Final)
Score: 9.08
Decision: 🚩 Do Not Buy
Market Value: $86,856
Current Price: $1,610
Cost to Build: $130,920.00
10yr Cashflows: $106,057.98
Suggested Bid: $10,605.80 - $53,028.99
Cap Rate: Unknown
Level 1 (Analysis)
Decision: Do Not Buy
| location: | 🚩 Poor 30% |
| marketRent: | 📌 Good 83% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 15% |
| marketDemand: | 🚩 Poor 0% |
| propertyType: | 🚩 Poor 0% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | ⚠️ Fair 43% |
| acquisitionVsMarketValue: | 📌 Good 100% |
Level 2 (Simulation)
**involves significant stress testing
Decision: Do Not Buy
| location: | City: Columbia 🚲 County: Richland County 🚲 |
| price vs market value: | 📌 Good 100% Value Ratio: 0.02 💹 Current Price: $1,610.00 💸 Zestimate Price: $0.00 💸 Tax Assessed Value: $1,610.00 💸 Average Nearby Price: $86,856.25 💸 |
| school trends: | ⚠️ Fair 50% Average School Rating: 2.33 💹 |
| taxes: | 📌 Good 100% Annual Tax: $0.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $7.00 💸 Total Annual Cost: $7.00 💸 |
| rent potential: | ⚠️ Fair 50% Estimated Rent Price: $1,334.00 💸 |
| capitalization rate: | 🚩 Poor 0% Simulated Rating: 0.00 💹 |
| exit strategy: | 📌 Good 100% Time On Market: 1579 days 🕰️ |
| year built: | 🚩 Poor 0% Time Built: 1981 🕰️ |
| property info: | 🚩 Poor 0% Home Type: APARTMENT 🏠 Home Bedrooms: 2 🏠 Home Living Area: 1091 🏠 |