Bid Check with my reno → — your rehab, stressed Bid $
Street locked · 48103 | $689,900 Flip Analysis — FlipScout
Property photo 1 Property photo 2 Property photo 3 Property photo 4 Property photo 5
Ask
$689,900
$357/sqft
Bid $
$510,729
Max bid / MAO
Room
~$179,171 over max bid · 26% of ask
vs max bid
Verdict
WALK
Pass at list
Rehab
$92,564
$48/sqft
ARV
$492,899

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 $ $510,729 · Ask $689,900

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.

Go Pro $15/mo MAO calculator
Flip math

Value-add ARV

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

Implied ARV $/sqft
Subject sqft1932 sqft
ARV$492,899
List− $689,900
Rehab− $92,564
Gross profit$-289,565

Contextual market baseline

Sold comps for neighborhood context — not the ARV formula · 3 sales · last 6 mo · zip 48103

Street locked · 48103 · CONDOS $475,000 · 1935 sqft
Street locked · 48103 · SINGLE_FAMILY $430,000 · 1948 sqft
Street locked · 48103 · SINGLE_FAMILY $579,000 · 1907 sqft

Net pro forma

Includes closing costs & 2.63-month carry

Buy closing (2%)$13,798
Holding carry$18,864
All-in capital$815,126
Sell costs (6%)− $29,574
Net proceeds$463,325
Net profit $-93,268
Photo triage & rehab band

Condition triage

Library estimate

No contractor assessment on file for this listing.

ML baseline rehab: $92,564

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: $92,564
Kitchen — Full Replacement $48,000
Bathroom — Full Renovation $18,000
Interior Paint (1,932 sqft × $3.00) $5,796
Flooring — Hardwood Refinish (1,932 sqft × $4.50) $8,694
Contingency (15%) $12,074

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
2/100
35% weight
hidden repair risk
100/100
25% weight
neighborhood trajectory
60/100
25% weight
condition
50/100
15% weight
Beds
2
Baths
2.0
Sqft
1932
Zip
48103

Assigns Condition Tier 1–4 from listing photos (gut / heavy / cosmetic / turnkey). Rehab $ comes from historical tier bands — not photo guessing. Usually ~30–90s.

Similar flips

Same zip or nearby price band — Bid/Pass Tape rows

WALK Street locked · 48103

Street locked · 48103

Ann Arbor, MI 48103

Ask$435,000
Bid $$318,286
Room~$116,714 over max bid · 27% of ask
WALK Street locked · 48103

Street locked · 48103

Pittsfield Township, MI 48103

Ask$539,340
Bid $$414,273
Room~$125,067 over max bid · 23% of ask
WALK Street locked · 48103

Street locked · 48103

Ann Arbor, MI 48103

Ask$480,000
Bid $$362,154
Room~$117,846 over max bid · 25% of ask
WALK Street locked · 48103

Street locked · 48103

Pittsfield Township, MI 48103

Ask$554,700
Bid $$428,629
Room~$126,071 over max bid · 23% of ask
WALK Street locked · 48103

Street locked · 48103

Ann Arbor, MI 48103

Ask$325,000
Bid $$220,460
Room~$104,540 over max bid · 32% of ask
← Bid/Pass Tape