Bid Check with my reno → — your rehab, stressed Bid $
Street locked · 47150 | $219,900 Flip Analysis — FlipScout
Property photo 1 Property photo 2
Ask
$219,900
$220/sqft
Bid $
$122,654
Max bid / MAO
Room
~$97,246 over max bid · 44% of ask
vs max bid
Verdict
WALK
Pass at list
Rehab
$84,525
$85/sqft
ARV
$137,121

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 $ $122,654 · Ask $219,900

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 sqft1000 sqft
ARV$137,121
List− $219,900
Rehab− $84,525
Gross profit$-167,304

Contextual market baseline

Sold comps for neighborhood context — not the ARV formula · 3 sales · last 6 mo · zip 47150

Street locked · 47150 · SINGLE_FAMILY $219,900 · 1000 sqft
Street locked · 47150 · SINGLE_FAMILY $68,772 · 972 sqft
Street locked · 47150 · SINGLE_FAMILY $187,431 · 1032 sqft

Net pro forma

Includes closing costs & 4.47-month carry

Buy closing (2%)$4,398
Holding carry$12,474
All-in capital$321,297
Sell costs (6%)− $8,227
Net proceeds$128,894
Net profit $-69,643
Photo triage & rehab band

Condition triage

Library estimate

No contractor assessment on file for this listing.

ML baseline rehab: $84,525

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: $84,525
Kitchen — Full Replacement $48,000
Bathroom — Full Renovation $18,000
Interior Paint (1,000 sqft × $3.00) $3,000
Flooring — Hardwood Refinish (1,000 sqft × $4.50) $4,500
Contingency (15%) $11,025

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
3
Baths
2.0
Sqft
1000
Zip
47150

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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