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Street locked · 38017 | $524,900 Flip Analysis — FlipScout
Property photo 1 Property photo 2 Property photo 3 Property photo 4 Property photo 5
Ask
$524,900
$171/sqft
Bid $
$284,860
Max bid / MAO
Room
~$240,040 over max bid · 46% of ask
vs max bid
Verdict
WALK
Pass at list
Rehab
$76,825
$25/sqft
ARV
$472,086

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 $ $284,860 · Ask $524,900

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.

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Flip math

Value-add ARV

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

Implied ARV $/sqft
Subject sqft3073 sqft
ARV$472,086
List− $524,900
Rehab− $76,825
Gross profit$-129,639

Contextual market baseline

Sold comps for neighborhood context — not the ARV formula · 3 sales · last 6 mo · zip 38017

Street locked · 38017 · SINGLE_FAMILY $525,000 · 3166 sqft
Street locked · 38017 · SINGLE_FAMILY $500,000 · 3192 sqft
Street locked · 38017 · SINGLE_FAMILY $605,975 · 3306 sqft

Net pro forma

Includes closing costs & 4.4-month carry

Buy closing (2%)$10,498
Holding carry$21,171
All-in capital$633,394
Sell costs (6%)− $28,325
Net proceeds$443,761
Net profit $-195,046
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: $76,825
Renovation Budget (estimated) $76,825

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
5
Baths
3.0
Sqft
3073
Zip
38017

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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