Bid Check with my reno → — your rehab, stressed Bid $
Street locked · 98115 | $360,000 Flip Analysis — FlipScout
Ask
$360,000
$320/sqft
Bid $
$351,366
Max bid / MAO
Room
~$8,634 over max bid · 2% of ask
vs max bid
Verdict
BID TARGET
Negotiate to $351,366
Rehab
$28,125
$25/sqft
ARV
$496,676

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 $ $351,366 · Ask $360,000

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 sqft1125 sqft
ARV$496,676
List− $360,000
Rehab− $28,125
Gross profit$108,551

Contextual market baseline

Sold comps for neighborhood context — not the ARV formula · 3 sales · last 6 mo · zip 98115

Street locked · 98115 · SINGLE_FAMILY $835,000 · 1090 sqft
Street locked · 98115 · CONDOS $560,000 · 1161 sqft
Street locked · 98115 · SINGLE_FAMILY $800,000 · 1180 sqft

Net pro forma

Includes closing costs & 2.43-month carry

Buy closing (2%)$7,200
Holding carry$8,019
All-in capital$403,344
Sell costs (6%)− $29,801
Net proceeds$466,876
Net profit $50,548
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: $28,125
Renovation Budget (estimated) $28,125

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
2.0
Sqft
1125
Zip
98115

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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