Bid Check with my reno → — your rehab, stressed Bid $
Street locked · 60056 | $110,000 Flip Analysis — FlipScout
Ask
$110,000
$157/sqft
Bid $
$22,476
Max bid / MAO
Room
~$87,524 over max bid · 80% of ask
vs max bid
Verdict
WALK
Pass at list
Rehab
$81,938
$117/sqft
ARV
$150,981

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 $ $22,476 · Ask $110,000

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 sqft700 sqft
ARV$150,981
List− $110,000
Rehab− $81,938
Gross profit$-40,957

Contextual market baseline

Sold comps for neighborhood context — not the ARV formula · 3 sales · last 6 mo · zip 60056

Street locked · 60056 · TOWNHOMES $307,000 · 1150 sqft
Street locked · 60056 · CONDOS $245,000 · 1150 sqft
Street locked · 60056 · SINGLE_FAMILY $495,000 · 1186 sqft

Net pro forma

Includes closing costs & 4.0-month carry

Buy closing (2%)$2,200
Holding carry$7,038
All-in capital$201,176
Sell costs (6%)− $9,059
Net proceeds$141,922
Net profit $-75,604
Photo triage & rehab band

Condition triage

Library estimate

No contractor assessment on file for this listing.

ML baseline rehab: $81,938

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: $81,938
Kitchen — Full Replacement $48,000
Bathroom — Full Renovation $18,000
Interior Paint (700 sqft × $3.00) $2,100
Flooring — Hardwood Refinish (700 sqft × $4.50) $3,150
Contingency (15%) $10,688

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
0
Baths
1.0
Sqft
700
Zip
60056

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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Same zip or nearby price band — Bid/Pass Tape rows

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