Bid Check with my reno → — your rehab, stressed Bid $
Street locked · 11238 | $725,000 Flip Analysis — FlipScout
Property photo 1 Property photo 2 Property photo 3 Property photo 4 Property photo 5
Ask
$725,000
$1,167/sqft
Bid $
$525,666
Max bid / MAO
Room
~$199,334 over max bid · 27% of ask
vs max bid
Verdict
WALK
Pass at list
Rehab
$81,256
$131/sqft
ARV
$767,246

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 $ $525,666 · Ask $725,000

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 sqft621 sqft
ARV$767,246
List− $725,000
Rehab− $81,256
Gross profit$-39,010

Contextual market baseline

Sold comps for neighborhood context — not the ARV formula · 3 sales · last 6 mo · zip 11238

Street locked · 11238 · CONDO $825,000 · 603 sqft
Street locked · 11238 · CONDO $830,000 · 599 sqft
Street locked · 11238 · CONDO $850,000 · 651 sqft

Net pro forma

Includes closing costs & 4.0-month carry

Buy closing (2%)$14,500
Holding carry$29,563
All-in capital$850,319
Sell costs (6%)− $46,035
Net proceeds$721,211
Net profit $-113,805
Photo triage & rehab band

Condition triage

Library estimate

No contractor assessment on file for this listing.

ML baseline rehab: $81,256

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: $81,256
Kitchen — Full Replacement $48,000
Bathroom — Full Renovation $18,000
Interior Paint (621 sqft × $3.00) $1,863
Flooring — Hardwood Refinish (621 sqft × $4.50) $2,794
Contingency (15%) $10,599

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.

Beds
1
Baths
1.0
Sqft
621
Zip
11238

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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