Bid Check with my reno → — your rehab, stressed Bid $
Street locked · 90802 | $475,000 Flip Analysis — FlipScout
Ask
$475,000
$503/sqft
Bid $
$361,540
Max bid / MAO
Room
~$113,460 over max bid · 24% of ask
vs max bid
Verdict
WALK
Pass at list
Rehab
$84,050
$89/sqft
ARV
$493,066

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 $ $361,540 · Ask $475,000

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 sqft945 sqft
ARV$493,066
List− $475,000
Rehab− $84,050
Gross profit$-65,984

Contextual market baseline

Sold comps for neighborhood context — not the ARV formula · 3 sales · last 6 mo · zip 90802

Street locked · 90802 · CONDOS $585,000 · 940 sqft
Street locked · 90802 · CONDOS $468,000 · 951 sqft
Street locked · 90802 · CONDOS $491,000 · 934 sqft

Net pro forma

Includes closing costs & 4.74-month carry

Buy closing (2%)$9,500
Holding carry$24,291
All-in capital$592,841
Sell costs (6%)− $29,584
Net proceeds$463,482
Net profit $-49,144
Photo triage & rehab band

Condition triage

Library estimate

No contractor assessment on file for this listing.

ML baseline rehab: $84,050

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: $84,050
Kitchen — Full Replacement $48,000
Bathroom — Full Renovation $18,000
Interior Paint (945 sqft × $3.00) $2,835
Flooring — Hardwood Refinish (945 sqft × $4.50) $4,252
Contingency (15%) $10,963

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
2.0
Sqft
945
Zip
90802

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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