Bid Check with my reno → — your rehab, stressed Bid $
Street locked · 23701 | $269,000 Flip Analysis — FlipScout
Ask
$269,000
$269/sqft
Bid $
$108,172
Max bid / MAO
Room
~$160,828 over max bid · 60% of ask
vs max bid
Verdict
WALK
Pass at list
Rehab
$25,000
$25/sqft
ARV
$173,906

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 $ $108,172 · Ask $269,000

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 sqft1000 sqft
ARV$173,906
List− $269,000
Rehab− $25,000
Gross profit$-120,094

Contextual market baseline

Sold comps for neighborhood context — not the ARV formula · 3 sales · last 6 mo · zip 23701

Street locked · 23701 · SINGLE_FAMILY $160,000 · 1000 sqft
Street locked · 23701 · SINGLE_FAMILY $258,000 · 1014 sqft
Street locked · 23701 · SINGLE_FAMILY $170,500 · 1020 sqft

Net pro forma

Includes closing costs & 4.0-month carry

Buy closing (2%)$5,380
Holding carry$9,863
All-in capital$309,243
Sell costs (6%)− $10,434
Net proceeds$163,472
Net profit $-147,769
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: $25,000
Renovation Budget (estimated) $25,000

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
1000
Zip
23701

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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