Bid Check with my reno → — your rehab, stressed Bid $
Street locked · 28269 | $515,450 Flip Analysis — FlipScout
Ask
$515,450
$386/sqft
Bid $
$396,046
Max bid / MAO
Room
~$119,404 over max bid · 23% of ask
vs max bid
Verdict
WALK
Pass at list
Rehab
$87,415
$65/sqft
ARV
$244,687

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 $ $396,046 · Ask $515,450

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 sqft1335 sqft
ARV$244,687
List− $515,450
Rehab− $87,415
Gross profit$-358,178

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%)$10,309
Holding carry$19,397
All-in capital$632,571
Sell costs (6%)− $14,681
Net proceeds$230,006
Net profit $-49,431
Photo triage & rehab band

Condition triage

Library estimate

No contractor assessment on file for this listing.

ML baseline rehab: $87,415

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: $87,415
Kitchen — Full Replacement $48,000
Bathroom — Full Renovation $18,000
Interior Paint (1,335 sqft × $3.00) $4,005
Flooring — Hardwood Refinish (1,335 sqft × $4.50) $6,008
Contingency (15%) $11,402

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
1335
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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