Bid Check with my reno → — your rehab, stressed Bid $
Street locked · 98146 | $699,999 Flip Analysis — FlipScout
Ask
$699,999
$363/sqft
Bid $
$561,069
Max bid / MAO
Room
~$138,930 over max bid · 20% of ask
vs max bid
Verdict
WALK
Pass at list
Rehab
$48,250
$25/sqft
ARV
$797,394

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 $ $561,069 · Ask $699,999

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 sqft1930 sqft
ARV$797,394
List− $699,999
Rehab− $48,250
Gross profit$49,145

Contextual market baseline

Sold comps for neighborhood context — not the ARV formula · 3 sales · last 6 mo · zip 98146

Street locked · 98146 · SINGLE_FAMILY $600,000 · 1930 sqft
Street locked · 98146 · TOWNHOMES $679,950 · 1934 sqft
Street locked · 98146 · SINGLE_FAMILY $560,000 · 1990 sqft

Net pro forma

Includes closing costs & 2.88-month carry

Buy closing (2%)$14,000
Holding carry$18,480
All-in capital$780,729
Sell costs (6%)− $47,844
Net proceeds$749,550
Net profit $-49,989
Photo triage & rehab band

Condition triage

Library estimate

No contractor assessment on file for this listing.

ML baseline rehab:

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: $48,250
Renovation Budget (estimated) $48,250

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
40/100
35% weight
hidden repair risk
100/100
25% weight
neighborhood trajectory
60/100
25% weight
condition
50/100
15% weight
Beds
3
Baths
2.0
Sqft
1930
Zip
98146

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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