Bid Check with my reno → — your rehab, stressed Bid $
Street locked · 60608 | $600,000 Flip Analysis — FlipScout
Ask
$600,000
$335/sqft
Bid $
$471,212
Max bid / MAO
Room
~$128,788 over max bid · 21% of ask
vs max bid
Verdict
WALK
Pass at list
Rehab
$91,348
$51/sqft
ARV
$412,998

Clearance (C) — bid physics. C = Bid $ ÷ Ask. We don't mint fake CLEARS. CLEARS · BID TARGET · WALK

Free: tape numbers + 3 Bid Checks/mo. Pro $15/mo: unlimited Bid Checks · streets + Deal Architecture.

Deal Architecture · Pro

Bid $ $471,212 · Ask $600,000

Walk-away max bid is free above — same math as the Bid/Pass Tape. Live waterfall, health, controls, and rehab bands unlock with Pro. We do not show a hollow OUR EDGE with empty dashes.

Flip math

Value-add ARV

ARV = adjusted list + (rehab × 1.5) · zip avm

Implied ARV $/sqft
Subject sqft1791 sqft
ARV$412,998
List− $600,000
Rehab− $91,348
Gross profit$-278,350

Contextual market baseline

Sold comps for neighborhood context — not the ARV formula · 3 sales · last 6 mo · zip 60608

Street locked · 60608 · CONDOS $469,900 · 1700 sqft
Street locked · 60608 · TOWNHOMES $580,000 · 2000 sqft
Street locked · 60608 · SINGLE_FAMILY $220,000 · 1500 sqft

Net pro forma

Includes closing costs & 2.78-month carry

Buy closing (2%)$12,000
Holding carry$17,618
All-in capital$720,966
Sell costs (6%)− $24,780
Net proceeds$388,218
Net profit $-46,842
Photo triage & rehab band

Condition triage

Library estimate

No contractor assessment on file for this listing.

ML baseline rehab: $91,348

Baseline notes

Investor scope checklist

  • Kitchen cabinets/counters are primary value-add
  • Flooring and paint drive resale perception
  • Exterior curb appeal strongly impacts ARV
  • Mechanicals assumed functional; verify on inspection

Renovation budget

Total: $91,348
Kitchen — Full Replacement $48,000
Bathroom — Full Renovation $18,000
Interior Paint (1,791 sqft × $3.00) $5,373
Flooring — Hardwood Refinish (1,791 sqft × $4.50) $8,060
Contingency (15%) $11,915

Rehab from historical Condition Tier $/sqft band × subject sqft — not vision-invented GC quotes. Verify with a licensed contractor before closing.

Neighborhood & Apex

Trajectory: Stable

No enrichment data.

Apex breakdown

Threshold 85+ = Apex Hot

profit margin
15/100
35% weight
hidden repair risk
100/100
25% weight
neighborhood trajectory
60/100
25% weight
condition
50/100
15% weight
Beds
5
Baths
3.0
Sqft
1791
Zip
60608

Assigns Condition Tier 1–4 from listing photos (gut / heavy / cosmetic / turnkey). Rehab $ comes from historical tier bands — not photo guessing. Usually ~30–90s.

Similar flips

Same zip or nearby price band — Bid/Pass Tape rows

← Bid/Pass Tape