Bid Check with my reno → — your rehab, stressed Bid $
Street locked · 98052 | $369,950 Flip Analysis — FlipScout
Ask
$369,950
$415/sqft
Bid $
$298,728
Max bid / MAO
Room
~$71,222 over max bid · 19% of ask
vs max bid
Verdict
BID TARGET
Negotiate to $298,728
Rehab
$22,275
$25/sqft
ARV
$420,166

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 $ $298,728 · Ask $369,950

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 sqft891 sqft
ARV$420,166
List− $369,950
Rehab− $22,275
Gross profit$27,941

Contextual market baseline

Sold comps for neighborhood context — not the ARV formula · 3 sales · last 6 mo · zip 98052

Street locked · 98052 · CONDOS $360,000 · 891 sqft
Street locked · 98052 · CONDOS $360,000 · 864 sqft
Street locked · 98052 · TOWNHOMES $529,950 · 1048 sqft

Net pro forma

Includes closing costs & 2.92-month carry

Buy closing (2%)$7,399
Holding carry$9,902
All-in capital$409,526
Sell costs (6%)− $25,210
Net proceeds$394,956
Net profit $-24,260
Photo triage & rehab band

Condition triage

Library estimate

No contractor assessment on file for this listing.

ML baseline rehab:

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: $22,275
Renovation Budget (estimated) $22,275

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
40/100
35% weight
hidden repair risk
100/100
25% weight
neighborhood trajectory
60/100
25% weight
condition
50/100
15% weight
Beds
2
Baths
1.0
Sqft
891
Zip
98052

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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