Bid Check with my reno → — your rehab, stressed Bid $
Street locked · 28269 | $486,497 Flip Analysis — FlipScout
Ask
$486,497
$362/sqft
Bid $
$368,903
Max bid / MAO
Room
~$117,594 over max bid · 24% of ask
vs max bid
Verdict
WALK
Pass at list
Rehab
$87,500
$65/sqft
ARV
$246,520

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 $ $368,903 · Ask $486,497

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.

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Flip math

Value-add ARV

ARV = adjusted list + (rehab × 1.5) · zip avm

Implied ARV $/sqft
Subject sqft1345 sqft
ARV$246,520
List− $486,497
Rehab− $87,500
Gross profit$-327,477

Contextual market baseline

Sold comps for neighborhood context — not the ARV formula · 3 sales · last 6 mo · zip 28269

Street locked · 28269 · SINGLE_FAMILY $330,000 · 1329 sqft
Street locked · 28269 · TOWNHOMES $260,000 · 1328 sqft
Street locked · 28269 · SINGLE_FAMILY $288,000 · 1367 sqft

Net pro forma

Includes closing costs & 3.51-month carry

Buy closing (2%)$9,730
Holding carry$18,468
All-in capital$602,195
Sell costs (6%)− $14,791
Net proceeds$231,729
Net profit $-51,789
Photo triage & rehab band

Condition triage

Library estimate

No contractor assessment on file for this listing.

ML baseline rehab: $87,500

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: $87,500
Kitchen — Full Replacement $48,000
Bathroom — Full Renovation $18,000
Interior Paint (1,345 sqft × $3.00) $4,035
Flooring — Hardwood Refinish (1,345 sqft × $4.50) $6,052
Contingency (15%) $11,413

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
1345
Zip
28269

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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