Auction Property: SIG LLC
Owner's Name: SIG LLC
Location: NX2401 LIBERTY ST
Amount Owed: $218
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: -0.78
Decision: 🚩 Do Not Buy
Market Value: $81,300
Current Price: $161,600
Cost to Build: $294,000.00
10yr Cashflows: $102,877.83
Suggested Bid: $10,287.78 - $51,438.91
Cap Rate: 9.12%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Do Not Buy
| location: | 🚩 Poor 26% |
| marketRent: | 📌 Good 81% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 34% |
| marketDemand: | ⚠️ Fair 50% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | 🚩 Poor 0% |
| acquisitionVsMarketValue: | 🚩 Poor -494% |
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: 1.99 💹 Current Price: $161,600.00 💸 Zestimate Price: $161,600.00 💸 Tax Assessed Value: $3,900.00 💸 Average Nearby Price: $81,300.00 💸 |
| school trends: | ⚠️ Fair 50% Average School Rating: 1.67 💹 |
| taxes: | 📌 Good 100% Annual Tax: $113.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $679.00 💸 Total Annual Cost: $792.00 💸 |
| rent potential: | ⚠️ Fair 50% Estimated Rent Price: $1,294.00 💸 |
| capitalization rate: | ⚠️ Fair 63% Simulated Rating: 7.45 💹 |
| exit strategy: | 📌 Good 100% Time On Market: 0 🕰️ |
| year built: | 🚩 Poor 0% Time Built: 1969 🕰️ |
| property info: | ⚠️ Fair 50% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: null 🏠 Home Living Area: 2450 🏠 |