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Street locked · 28152 | $399,900 Flip Analysis — FlipScout
Property photo 1 Property photo 2 Property photo 3 Property photo 4 Property photo 5
Ask
$399,900
$235/sqft
Bid $
$160,132
Max bid / MAO
Room
~$239,768 over max bid · 60% of ask
vs max bid
Verdict
WALK
Pass at list
Rehab
$42,625
$25/sqft
ARV
$264,659

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 $ $160,132 · Ask $399,900

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.

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Flip math

Value-add ARV

ARV = adjusted list + (rehab × 1.5) · zip avm

Implied ARV $/sqft
Subject sqft1705 sqft
ARV$264,659
List− $399,900
Rehab− $42,625
Gross profit$-177,866

Contextual market baseline

Sold comps for neighborhood context — not the ARV formula · 3 sales · last 6 mo · zip 28152

Street locked · 28152 · SINGLE_FAMILY $400,000 · 1708 sqft
Street locked · 28152 · SINGLE_FAMILY $315,000 · 1665 sqft
Street locked · 28152 · SINGLE_FAMILY $300,200 · 1749 sqft

Net pro forma

Includes closing costs & 3.93-month carry

Buy closing (2%)$7,998
Holding carry$14,406
All-in capital$464,929
Sell costs (6%)− $15,880
Net proceeds$248,779
Net profit $-219,652
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: $42,625
Renovation Budget (estimated) $42,625

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
1.0
Sqft
1705
Zip
28152

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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