Bid Check with my reno → — your rehab, stressed Bid $
Street locked · 48174 | $230,000 Flip Analysis — FlipScout
Ask
$230,000
$238/sqft
Bid $
$132,364
Max bid / MAO
Room
~$97,636 over max bid · 42% of ask
vs max bid
Verdict
WALK
Pass at list
Rehab
$84,249
$87/sqft
ARV
$126,076

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 $ $132,364 · Ask $230,000

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 sqft968 sqft
ARV$126,076
List− $230,000
Rehab− $84,249
Gross profit$-188,173

Contextual market baseline

Sold comps for neighborhood context — not the ARV formula · 3 sales · last 6 mo · zip 48174

Street locked · 48174 · SINGLE_FAMILY $116,000 · 974 sqft
Street locked · 48174 · MOBILE $40,900 · 960 sqft
Street locked · 48174 · SINGLE_FAMILY $220,000 · 960 sqft

Net pro forma

Includes closing costs & 297.36-month carry

Buy closing (2%)$4,600
Holding carry$856,580
All-in capital$1,175,429
Sell costs (6%)− $7,565
Net proceeds$118,511
Net profit $-68,567
Photo triage & rehab band

Condition triage

Library estimate

No contractor assessment on file for this listing.

ML baseline rehab: $84,249

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: $84,249
Kitchen — Full Replacement $48,000
Bathroom — Full Renovation $18,000
Interior Paint (968 sqft × $3.00) $2,904
Flooring — Hardwood Refinish (968 sqft × $4.50) $4,356
Contingency (15%) $10,989

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
3
Baths
1.0
Sqft
968
Zip
48174

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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