Auction Property: 360 RENO WORKS LLC
Owner's Name: 360 RENO WORKS LLC
Location: 3801 WATER ST
Amount Owed: $1,068
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: 0.27
Decision: 🚩 Do Not Buy
Market Value: $29,525
Current Price: $56,500
Cost to Build: $117,000.00
10yr Cashflows: $86,738.57
Suggested Bid: $8,673.86 - $43,369.29
Cap Rate: 21.25%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Do Not Buy 🏅
| location: | 🚩 Poor 15% |
| marketRent: | ⚠️ Fair 68% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 14% |
| marketDemand: | 🚩 Poor 0% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | ⚠️ Fair 49% |
| acquisitionVsMarketValue: | 🚩 Poor -457% |
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: 1.91 💹 Current Price: $56,500.00 💸 Zestimate Price: $109,100.00 💸 Tax Assessed Value: $29,400.00 💸 Average Nearby Price: $29,525.00 💸 |
| school trends: | ⚠️ Fair 50% Average School Rating: 1.67 💹 |
| taxes: | 📌 Good 100% Annual Tax: $848.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $237.00 💸 Total Annual Cost: $1,085.00 💸 |
| rent potential: | ⚠️ Fair 50% Estimated Rent Price: $1,091.00 💸 |
| capitalization rate: | 📌 Good 100% Simulated Rating: 16.41 💹 |
| exit strategy: | 📌 Good 100% Time On Market: 217 days 🕰️ |
| year built: | 🚩 Poor 0% Time Built: 1980 🕰️ |
| property info: | 📌 Good 80% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 3 🏠 Home Living Area: 975 🏠 |