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Street locked · 28613 | $247,000 Flip Analysis — FlipScout
Property photo 1 Property photo 2 Property photo 3 Property photo 4 Property photo 5
Ask
$247,000
$222/sqft
Bid $
$106,428
Max bid / MAO
Room
~$140,572 over max bid · 57% of ask
vs max bid
Verdict
WALK
Pass at list
Rehab
$27,775
$25/sqft
ARV
$175,187

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 $ $106,428 · Ask $247,000

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.

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Flip math

Value-add ARV

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

Implied ARV $/sqft
Subject sqft1111 sqft
ARV$175,187
List− $247,000
Rehab− $27,775
Gross profit$-99,588

Contextual market baseline

Sold comps for neighborhood context — not the ARV formula · 3 sales · last 6 mo · zip 28613

Street locked · 28613 · SINGLE_FAMILY $160,000 · 1103 sqft
Street locked · 28613 · SINGLE_FAMILY $240,000 · 1100 sqft
Street locked · 28613 · TOWNHOMES $195,000 · 1156 sqft

Net pro forma

Includes closing costs & 5.23-month carry

Buy closing (2%)$4,940
Holding carry$11,842
All-in capital$291,557
Sell costs (6%)− $10,511
Net proceeds$164,675
Net profit $-126,375
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: $27,775
Renovation Budget (estimated) $27,775

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
1111
Zip
28613

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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