Bid Check with my reno → — your rehab, stressed Bid $
Street locked · 90023 | $490,000 Flip Analysis — FlipScout
Ask
$490,000
$625/sqft
Bid $
$376,920
Max bid / MAO
Room
~$113,080 over max bid · 23% of ask
vs max bid
Verdict
WALK
Pass at list
Rehab
$82,662
$105/sqft
ARV
$347,932

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 $ $376,920 · Ask $490,000

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 sqft784 sqft
ARV$347,932
List− $490,000
Rehab− $82,662
Gross profit$-224,730

Contextual market baseline

Sold comps for neighborhood context — not the ARV formula · 3 sales · last 6 mo · zip 90023

Street locked · 90023 · SINGLE_FAMILY $605,000 · 836 sqft
Street locked · 90023 · SINGLE_FAMILY $580,000 · 696 sqft
Street locked · 90023 · SINGLE_FAMILY $625,000 · 679 sqft

Net pro forma

Includes closing costs & 5.1-month carry

Buy closing (2%)$9,800
Holding carry$26,772
All-in capital$609,234
Sell costs (6%)− $20,876
Net proceeds$327,056
Net profit $-46,541
Photo triage & rehab band

Condition triage

Library estimate

No contractor assessment on file for this listing.

ML baseline rehab: $82,662

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: $82,662
Kitchen — Full Replacement $48,000
Bathroom — Full Renovation $18,000
Interior Paint (784 sqft × $3.00) $2,352
Flooring — Hardwood Refinish (784 sqft × $4.50) $3,528
Contingency (15%) $10,782

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
1.0
Sqft
784
Zip
90023

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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