Bid Check with my reno → — your rehab, stressed Bid $
Street locked · 60004 | $598,000 Flip Analysis — FlipScout
Ask
$598,000
$347/sqft
Bid $
$469,918
Max bid / MAO
Room
~$128,082 over max bid · 21% of ask
vs max bid
Verdict
WALK
Pass at list
Rehab
$90,761
$53/sqft
ARV
$427,774

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 $ $469,918 · Ask $598,000

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 sqft1723 sqft
ARV$427,774
List− $598,000
Rehab− $90,761
Gross profit$-260,987

Contextual market baseline

Sold comps for neighborhood context — not the ARV formula · 3 sales · last 6 mo · zip 60004

Street locked · 60004 · SINGLE_FAMILY $415,000 · 1731 sqft
Street locked · 60004 · CONDOS $540,000 · 1850 sqft
Street locked · 60004 · CONDOS $326,000 · 1500 sqft

Net pro forma

Includes closing costs & 4.0-month carry

Buy closing (2%)$11,960
Holding carry$25,255
All-in capital$725,976
Sell costs (6%)− $25,666
Net proceeds$402,107
Net profit $-46,395
Photo triage & rehab band

Condition triage

Library estimate

No contractor assessment on file for this listing.

ML baseline rehab: $90,761

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: $90,761
Kitchen — Full Replacement $48,000
Bathroom — Full Renovation $18,000
Interior Paint (1,723 sqft × $3.00) $5,169
Flooring — Hardwood Refinish (1,723 sqft × $4.50) $7,754
Contingency (15%) $11,838

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
1723
Zip
60004

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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