Bid Check with my reno → — your rehab, stressed Bid $
Street locked · 60601 | $289,000 Flip Analysis — FlipScout
Ask
$289,000
$346/sqft
Bid $
$188,631
Max bid / MAO
Room
~$100,369 over max bid · 35% of ask
vs max bid
Verdict
WALK
Pass at list
Rehab
$83,102
$100/sqft
ARV
$357,104

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 $ $188,631 · Ask $289,000

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 sqft835 sqft
ARV$357,104
List− $289,000
Rehab− $83,102
Gross profit$-14,998

Contextual market baseline

Sold comps for neighborhood context — not the ARV formula · 3 sales · last 6 mo · zip 60601

Street locked · 60601 · CONDOS $270,000 · 835 sqft
Street locked · 60601 · CONDOS $300,000 · 858 sqft
Street locked · 60601 · CONDOS $310,000 · 925 sqft

Net pro forma

Includes closing costs & 5.66-month carry

Buy closing (2%)$5,780
Holding carry$19,306
All-in capital$397,188
Sell costs (6%)− $21,426
Net proceeds$335,677
Net profit $-62,760
Photo triage & rehab band

Condition triage

Library estimate

No contractor assessment on file for this listing.

ML baseline rehab: $83,102

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: $83,102
Kitchen — Full Replacement $48,000
Bathroom — Full Renovation $18,000
Interior Paint (835 sqft × $3.00) $2,505
Flooring — Hardwood Refinish (835 sqft × $4.50) $3,758
Contingency (15%) $10,839

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
1
Baths
1.0
Sqft
835
Zip
60601

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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