Bid Check with my reno → — your rehab, stressed Bid $
Street locked · 28403 | $375,000 Flip Analysis — FlipScout
Property photo 1 Property photo 2 Property photo 3 Property photo 4 Property photo 5
Ask
$375,000
$377/sqft
Bid $
$267,655
Max bid / MAO
Room
~$107,345 over max bid · 29% of ask
vs max bid
Verdict
WALK
Pass at list
Rehab
$84,482
$85/sqft
ARV
$297,884

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 $ $267,655 · Ask $375,000

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.

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Flip math

Value-add ARV

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

Implied ARV $/sqft
Subject sqft995 sqft
ARV$297,884
List− $375,000
Rehab− $84,482
Gross profit$-161,598

Contextual market baseline

Sold comps for neighborhood context — not the ARV formula · 3 sales · last 6 mo · zip 28403

Street locked · 28403 · SINGLE_FAMILY $520,000 · 1020 sqft
Street locked · 28403 · SINGLE_FAMILY $366,000 · 1036 sqft
Street locked · 28403 · TOWNHOMES $270,000 · 1056 sqft

Net pro forma

Includes closing costs & 4.67-month carry

Buy closing (2%)$7,500
Holding carry$19,670
All-in capital$486,652
Sell costs (6%)− $17,873
Net proceeds$280,011
Net profit $-57,432
Photo triage & rehab band

Condition triage

Library estimate

No contractor assessment on file for this listing.

ML baseline rehab: $84,482

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: $84,482
Kitchen — Full Replacement $48,000
Bathroom — Full Renovation $18,000
Interior Paint (995 sqft × $3.00) $2,985
Flooring — Hardwood Refinish (995 sqft × $4.50) $4,478
Contingency (15%) $11,019

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
2.0
Sqft
995
Zip
28403

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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