Auction Property: DATUS LLC

 


Owner's Name: DATUS LLC

Location: 1510 NOBLE AVE

Amount Owed: $485

Type: SINGLE_FAMILY

View:   View on Zillow     |   View on Realtor

Overall (Final)

Score: 2.80

Decision: 🚩 Do Not Buy  

Market Value: $136,475

Current Price: $245,900

Cost to Build: $150,000.00

10yr Cashflows: $106,375.99

Suggested Bid: $10,637.60 - $53,188.00

Cap Rate: 5.96%

** cap rate calculated based on Current Price 

Level 1 (Analysis)

Decision: Do Not Buy 🏅

location: ⚠️ Fair 41%
marketRent: 📌 Good 84%
taxHistory: 📌 Good 100%
lotFeatures: 🚩 Poor 30%
marketDemand: 📌 Good 94%
propertyType: 📌 Good 100%
legalConsiderations: 📌 Good 100%
developmentFeasibility: 🚩 Poor 35%
acquisitionVsMarketValue: 🚩 Poor -401%

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: 1.80 💹 Current Price: $245,900.00 💸 Zestimate Price: $238,600.00 💸 Tax Assessed Value: $12,500.00 💸 Average Nearby Price: $136,475.00 💸
school trends: ⚠️ Fair 50% Average School Rating: 2.33 💹
taxes: 📌 Good 100% Annual Tax: $368.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $1,033.00 💸 Total Annual Cost: $1,401.00 💸
rent potential: ⚠️ Fair 50% Estimated Rent Price: $1,338.00 💸
capitalization rate: 🚩 Poor 38% Simulated Rating: 4.87 💹
exit strategy: 📌 Good 100% Time On Market: 10 days 🕰️
year built: 📌 Good 100% Time Built: 2024 🕰️
property info: 📌 Good 80% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 3 🏠 Home Living Area: 1250 🏠