Bid Check with my reno → — your rehab, stressed Bid $
Street locked · 55024 | $525,000 Flip Analysis — FlipScout
Ask
$525,000
$146/sqft
Bid $
$385,853
Max bid / MAO
Room
~$139,147 over max bid · 27% of ask
vs max bid
Verdict
WALK
Pass at list
Rehab
$106,916
$30/sqft
ARV
$646,448

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 $ $385,853 · Ask $525,000

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 sqft3596 sqft
ARV$646,448
List− $525,000
Rehab− $106,916
Gross profit$14,532

Contextual market baseline

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

Street locked · 55024 · SINGLE_FAMILY $535,000 · 3232 sqft
Street locked · 55024 · SINGLE_FAMILY $518,000 · 3212 sqft
Street locked · 55024 · SINGLE_FAMILY $580,000 · 2965 sqft

Net pro forma

Includes closing costs & 3.12-month carry

Buy closing (2%)$10,500
Holding carry$18,073
All-in capital$660,489
Sell costs (6%)− $38,787
Net proceeds$607,662
Net profit $-68,729
Photo triage & rehab band

Condition triage

Library estimate

No contractor assessment on file for this listing.

ML baseline rehab: $106,916

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: $106,916
Kitchen — Full Replacement $48,000
Bathroom — Full Renovation $18,000
Interior Paint (3,596 sqft × $3.00) $10,788
Flooring — Hardwood Refinish (3,596 sqft × $4.50) $16,182
Contingency (15%) $13,946

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
4.0
Sqft
3596
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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