Bid Check with my reno → — your rehab, stressed Bid $
Street locked · 37013 | $408,900 Flip Analysis — FlipScout
Ask
$408,900
$204/sqft
Bid $
$290,815
Max bid / MAO
Room
~$118,085 over max bid · 29% of ask
vs max bid
Verdict
WALK
Pass at list
Rehab
$93,176
$47/sqft
ARV
$375,097

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 $ $290,815 · Ask $408,900

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 sqft2003 sqft
ARV$375,097
List− $408,900
Rehab− $93,176
Gross profit$-126,979

Contextual market baseline

Sold comps for neighborhood context — not the ARV formula · 3 sales · last 6 mo · zip 37013

Street locked · 37013 · SINGLE_FAMILY $395,000 · 2010 sqft
Street locked · 37013 · SINGLE_FAMILY $419,000 · 1996 sqft
Street locked · 37013 · TOWNHOMES $275,000 · 2016 sqft

Net pro forma

Includes closing costs & 4.43-month carry

Buy closing (2%)$8,178
Holding carry$20,388
All-in capital$530,642
Sell costs (6%)− $22,506
Net proceeds$352,591
Net profit $-63,711
Photo triage & rehab band

Condition triage

Library estimate

No contractor assessment on file for this listing.

ML baseline rehab: $93,176

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: $93,176
Kitchen — Full Replacement $48,000
Bathroom — Full Renovation $18,000
Interior Paint (2,003 sqft × $3.00) $6,009
Flooring — Hardwood Refinish (2,003 sqft × $4.50) $9,014
Contingency (15%) $12,153

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
4
Baths
3.0
Sqft
2003
Zip
37013

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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