Auction Property: DFB REAL ESTATE LLC

 


Owner's Name: DFB REAL ESTATE LLC

Location: 1400 CHELTENHAM LN

Amount Owed: $5,822

Type: SINGLE_FAMILY

View:   View on Zillow     |   View on Realtor

Overall (Final)

Score: 6.47

Decision: 🚩 Do Not Buy  

Market Value: $193,400

Current Price: $260,000

Cost to Build: $176,400.00

10yr Cashflows: $133,804.78

Suggested Bid: $13,380.48 - $66,902.39

Cap Rate: 5.45%

** cap rate calculated based on Current Price 

Level 1 (Analysis)

Decision: Do Not Buy

location: ⚠️ Fair 60%
marketRent: 📌 Good 100%
taxHistory: 📌 Good 100%
lotFeatures: 🚩 Poor 27%
marketDemand: 🚩 Poor 35%
propertyType: 📌 Good 100%
legalConsiderations: 📌 Good 100%
developmentFeasibility: 🚩 Poor 24%
acquisitionVsMarketValue: 🚩 Poor -172%

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: 1.34 💹 Current Price: $260,000.00 💸 Zestimate Price: $249,700.00 💸 Tax Assessed Value: $138,000.00 💸 Average Nearby Price: $193,400.00 💸
school trends: ⚠️ Fair 50% Average School Rating: 3.67 💹
taxes: ⚠️ Fair 50% Annual Tax: $4,945.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $1,092.00 💸 Total Annual Cost: $6,037.00 💸
rent potential: 📌 Good 75% Estimated Rent Price: $1,683.00 💸
capitalization rate: 🚩 Poor 38% Simulated Rating: 4.45 💹
exit strategy: 📌 Good 100% Time On Market: 117 days 🕰️
year built: 🚩 Poor 0% Time Built: 1968 🕰️
property info: 📌 Good 80% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 3 🏠 Home Living Area: 1470 🏠