Bid Check with my reno → — your rehab, stressed Bid $
Street locked · 60622 | $424,000 Flip Analysis — FlipScout
Property photo 1 Property photo 2 Property photo 3 Property photo 4 Property photo 5
Ask
$424,000
$353/sqft
Bid $
$311,718
Max bid / MAO
Room
~$112,282 over max bid · 26% of ask
vs max bid
Verdict
WALK
Pass at list
Rehab
$86,250
$72/sqft
ARV
$441,476

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 $ $311,718 · Ask $424,000

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 sqft1200 sqft
ARV$441,476
List− $424,000
Rehab− $86,250
Gross profit$-68,774

Contextual market baseline

Sold comps for neighborhood context — not the ARV formula · 3 sales · last 6 mo · zip 60622

Street locked · 60622 · CONDOS $460,000 · 1300 sqft
Street locked · 60622 · CONDOS $475,000 · 1007 sqft
Street locked · 60622 · CONDOS $500,000 · 1400 sqft

Net pro forma

Includes closing costs & 3.3-month carry

Buy closing (2%)$8,480
Holding carry$15,435
All-in capital$534,165
Sell costs (6%)− $26,489
Net proceeds$414,988
Net profit $-55,406
Photo triage & rehab band

Condition triage

Library estimate

No contractor assessment on file for this listing.

ML baseline rehab: $86,250

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: $86,250
Kitchen — Full Replacement $48,000
Bathroom — Full Renovation $18,000
Interior Paint (1,200 sqft × $3.00) $3,600
Flooring — Hardwood Refinish (1,200 sqft × $4.50) $5,400
Contingency (15%) $11,250

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
15/100
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
1200
Zip
60622

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

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