Bid Check with my reno → — your rehab, stressed Bid $
Street locked · 60641 | $649,900 Flip Analysis — FlipScout
Ask
$649,900
$167/sqft
Bid $
$500,016
Max bid / MAO
Room
~$149,884 over max bid · 23% of ask
vs max bid
Verdict
WALK
Pass at list
Rehab
$109,538
$28/sqft
ARV
$946,792

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 $ $500,016 · Ask $649,900

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 sqft3900 sqft
ARV$946,792
List− $649,900
Rehab− $109,538
Gross profit$187,354

Contextual market baseline

Sold comps for neighborhood context — not the ARV formula · 3 sales · last 6 mo · zip 60641

Street locked · 60641 · SINGLE_FAMILY $590,000 · 3400 sqft
Street locked · 60641 · MULTI_FAMILY $620,000 · 2400 sqft
Street locked · 60641 · SINGLE_FAMILY $820,000 · 1955 sqft

Net pro forma

Includes closing costs & 3.67-month carry

Buy closing (2%)$12,998
Holding carry$25,549
All-in capital$797,985
Sell costs (6%)− $56,808
Net proceeds$889,985
Net profit $-61,627
Photo triage & rehab band

Condition triage

Library estimate

No contractor assessment on file for this listing.

ML baseline rehab: $109,538

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: $109,538
Kitchen — Full Replacement $48,000
Bathroom — Full Renovation $18,000
Interior Paint (3,900 sqft × $3.00) $11,700
Flooring — Hardwood Refinish (3,900 sqft × $4.50) $17,550
Contingency (15%) $14,288

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
6
Baths
4.0
Sqft
3900
Zip
60641

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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