Bid Check with my reno → — your rehab, stressed Bid $
Street locked · 55024 | $175,000 Flip Analysis — FlipScout
Ask
$175,000
$218/sqft
Bid $
$82,348
Max bid / MAO
Room
~$92,652 over max bid · 53% of ask
vs max bid
Verdict
WALK
Pass at list
Rehab
$82,834
$103/sqft
ARV
$144,534

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 $ $82,348 · Ask $175,000

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 sqft804 sqft
ARV$144,534
List− $175,000
Rehab− $82,834
Gross profit$-113,300

Contextual market baseline

Sold comps for neighborhood context — not the ARV formula · 3 sales · last 6 mo · zip 55024

Street locked · 55024 · CONDOS $220,000 · 1090 sqft
Street locked · 55024 · SINGLE_FAMILY $418,000 · 1384 sqft
Street locked · 55024 · TOWNHOMES $237,400 · 1384 sqft

Net pro forma

Includes closing costs & 3.1-month carry

Buy closing (2%)$3,500
Holding carry$7,327
All-in capital$268,661
Sell costs (6%)− $8,672
Net proceeds$135,862
Net profit $-71,426
Photo triage & rehab band

Condition triage

Library estimate

No contractor assessment on file for this listing.

ML baseline rehab: $82,834

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: $82,834
Kitchen — Full Replacement $48,000
Bathroom — Full Renovation $18,000
Interior Paint (804 sqft × $3.00) $2,412
Flooring — Hardwood Refinish (804 sqft × $4.50) $3,618
Contingency (15%) $10,804

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
1
Baths
1.0
Sqft
804
Zip
55024

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

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