Bid Check with my reno → — your rehab, stressed Bid $
Street locked · 90038 | $499,999 Flip Analysis — FlipScout
Ask
$499,999
$543/sqft
Bid $
$385,115
Max bid / MAO
Room
~$114,884 over max bid · 23% of ask
vs max bid
Verdict
WALK
Pass at list
Rehab
$83,835
$91/sqft
ARV
$485,021

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 $ $385,115 · Ask $499,999

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 sqft920 sqft
ARV$485,021
List− $499,999
Rehab− $83,835
Gross profit$-98,813

Contextual market baseline

Sold comps for neighborhood context — not the ARV formula · 3 sales · last 6 mo · zip 90038

Street locked · 90038 · CONDOS $539,000 · 890 sqft
Street locked · 90038 · SINGLE_FAMILY $755,000 · 814 sqft
Street locked · 90038 · SINGLE_FAMILY $914,500 · 1065 sqft

Net pro forma

Includes closing costs & 2.98-month carry

Buy closing (2%)$10,000
Holding carry$15,948
All-in capital$609,782
Sell costs (6%)− $29,101
Net proceeds$455,919
Net profit $-46,962
Photo triage & rehab band

Condition triage

Library estimate

No contractor assessment on file for this listing.

ML baseline rehab: $83,835

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: $83,835
Kitchen — Full Replacement $48,000
Bathroom — Full Renovation $18,000
Interior Paint (920 sqft × $3.00) $2,760
Flooring — Hardwood Refinish (920 sqft × $4.50) $4,140
Contingency (15%) $10,935

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
2
Baths
2.0
Sqft
920
Zip
90038

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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