Bid Check with my reno → — your rehab, stressed Bid $
Street locked · 02478 | $689,000 Flip Analysis — FlipScout
Ask
$689,000
$535/sqft
Bid $
$477,618
Max bid / MAO
Room
~$211,382 over max bid · 31% of ask
vs max bid
Verdict
WALK
Pass at list
Rehab
$33,450
$26/sqft
ARV
$668,997

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 $ $477,618 · Ask $689,000

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 sqft1287 sqft
ARV$668,997
List− $689,000
Rehab− $33,450
Gross profit$-53,453

Contextual market baseline

Sold comps for neighborhood context — not the ARV formula · 3 sales · last 6 mo · zip 02478

Street locked · 02478 · CONDOS $760,000 · 1287 sqft
Street locked · 02478 · CONDOS $701,000 · 1213 sqft
Street locked · 02478 · CONDOS $710,000 · 1170 sqft

Net pro forma

Includes closing costs & 2.99-month carry

Buy closing (2%)$13,780
Holding carry$18,884
All-in capital$755,114
Sell costs (6%)− $40,140
Net proceeds$628,857
Net profit $-141,367
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: $33,450
Renovation Budget (estimated) $33,450

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
2
Baths
1.0
Sqft
1287
Zip
02478

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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