Bid Check with my reno → — your rehab, stressed Bid $
Street locked · 98103 | $599,900 Flip Analysis — FlipScout
Ask
$599,900
$424/sqft
Bid $
$515,910
Max bid / MAO
Room
~$83,990 over max bid · 14% of ask
vs max bid
Verdict
WALK
Pass at list
Rehab
$36,132
$26/sqft
ARV
$722,632

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 $ $515,910 · Ask $599,900

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 sqft1415 sqft
ARV$722,632
List− $599,900
Rehab− $36,132
Gross profit$86,600

Contextual market baseline

Sold comps for neighborhood context — not the ARV formula · 3 sales · last 6 mo · zip 98103

Street locked · 98103 · TOWNHOMES $599,900 · 1415 sqft
Street locked · 98103 · TOWNHOMES $825,000 · 1357 sqft
Street locked · 98103 · TOWNHOMES $650,000 · 1520 sqft

Net pro forma

Includes closing costs & 2.7-month carry

Buy closing (2%)$11,998
Holding carry$14,848
All-in capital$662,877
Sell costs (6%)− $43,358
Net proceeds$679,274
Net profit $-1,353
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: $36,132
Renovation Budget (estimated) $36,132

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
3
Baths
2.0
Sqft
1415
Zip
98103

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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