Bid Check with my reno → — your rehab, stressed Bid $
Street locked · 29405 | $499,000 Flip Analysis — FlipScout
Ask
$499,000
$279/sqft
Bid $
$376,825
Max bid / MAO
Room
~$122,175 over max bid · 24% of ask
vs max bid
Verdict
WALK
Pass at list
Rehab
$91,339
$51/sqft
ARV
$472,679

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 $ $376,825 · Ask $499,000

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 sqft1790 sqft
ARV$472,679
List− $499,000
Rehab− $91,339
Gross profit$-117,660

Contextual market baseline

Sold comps for neighborhood context — not the ARV formula · 3 sales · last 6 mo · zip 29405

Street locked · 29405 · CONDO $650,000 · 1772 sqft
Street locked · 29405 · SINGLE_FAMILY $405,000 · 1740 sqft
Street locked · 29405 · SINGLE_FAMILY $452,000 · 1900 sqft

Net pro forma

Includes closing costs & 7.8-month carry

Buy closing (2%)$9,980
Holding carry$42,209
All-in capital$642,528
Sell costs (6%)− $28,361
Net proceeds$444,318
Net profit $-54,755
Photo triage & rehab band

Condition triage

Library estimate

No contractor assessment on file for this listing.

ML baseline rehab: $91,339

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: $91,339
Kitchen — Full Replacement $48,000
Bathroom — Full Renovation $18,000
Interior Paint (1,790 sqft × $3.00) $5,370
Flooring — Hardwood Refinish (1,790 sqft × $4.50) $8,055
Contingency (15%) $11,914

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
4.0
Sqft
1790
Zip
29405

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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