Bid Check with my reno → — your rehab, stressed Bid $
Street locked · 11224 | $748,000 Flip Analysis — FlipScout
Ask
$748,000
$550/sqft
Bid $
$541,361
Max bid / MAO
Room
~$206,639 over max bid · 28% of ask
vs max bid
Verdict
WALK
Pass at list
Rehab
$87,630
$64/sqft
ARV
$607,923

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 $ $541,361 · Ask $748,000

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 sqft1360 sqft
ARV$607,923
List− $748,000
Rehab− $87,630
Gross profit$-227,707

Contextual market baseline

Sold comps for neighborhood context — not the ARV formula · 3 sales · last 6 mo · zip 11224

Street locked · 11224 · SINGLE_FAMILY $683,000 · 1356 sqft
Street locked · 11224 · SINGLE_FAMILY $725,000 · 1365 sqft
Street locked · 11224 · SINGLE_FAMILY $735,000 · 1460 sqft

Net pro forma

Includes closing costs & 7.5-month carry

Buy closing (2%)$14,960
Holding carry$57,450
All-in capital$908,040
Sell costs (6%)− $36,475
Net proceeds$571,448
Net profit $-118,014
Photo triage & rehab band

Condition triage

Library estimate

No contractor assessment on file for this listing.

ML baseline rehab: $87,630

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: $87,630
Kitchen — Full Replacement $48,000
Bathroom — Full Renovation $18,000
Interior Paint (1,360 sqft × $3.00) $4,080
Flooring — Hardwood Refinish (1,360 sqft × $4.50) $6,120
Contingency (15%) $11,430

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
3
Baths
2.0
Sqft
1360
Zip
11224

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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