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 $ $430,486 · Ask $649,000
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.
Flip math
Value-add ARV
ARV = adjusted list + (rehab × 1.5) · zip avm
| Implied ARV $/sqft | |
| Subject sqft | 988 sqft |
| ARV | $602,980 |
| List | − $649,000 |
| Rehab | − $30,149 |
| Gross profit | $-76,169 |
Contextual market baseline
Sold comps for neighborhood context — not the ARV formula · 3 sales · last 6 mo · zip 92656
Net pro forma
Includes closing costs & 2.97-month carry
| Buy closing (2%) | $12,980 |
| Holding carry | $17,669 |
| All-in capital | $709,798 |
| Sell costs (6%) | − $36,179 |
| Net proceeds | $566,801 |
| Net profit | $-156,767 |
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: $30,149Rehab 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
- Beds
- 2
- Baths
- 2.0
- Sqft
- 988
- Zip
- 92656
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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