Bid Check with my reno → — your rehab, stressed Bid $
Street locked · 98052 | $384,900 Flip Analysis — FlipScout
Ask
$384,900
$456/sqft
Bid $
$339,067
Max bid / MAO
Room
~$45,833 over max bid · 12% of ask
vs max bid
Verdict
BID TARGET
Negotiate to $339,067
Rehab
$23,746
$28/sqft
ARV
$474,929

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 $ $339,067 · Ask $384,900

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 sqft844 sqft
ARV$474,929
List− $384,900
Rehab− $23,746
Gross profit$66,283

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 · 864 sqft
Street locked · 98052 · TOWNHOMES $529,950 · 1048 sqft
Street locked · 98052 · SINGLE_FAMILY $1,400,000 · 1090 sqft

Net pro forma

Includes closing costs & 2.82-month carry

Buy closing (2%)$7,698
Holding carry$9,950
All-in capital$426,294
Sell costs (6%)− $28,496
Net proceeds$446,434
Net profit $8,933
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: $23,746
Renovation Budget (estimated) $23,746

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
844
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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