Bid Check with my reno → — your rehab, stressed Bid $
Street locked · 28205 | $465,000 Flip Analysis — FlipScout
Ask
$465,000
$187/sqft
Bid $
$448,770
Max bid / MAO
Room
~$16,230 over max bid · 3% of ask
vs max bid
Verdict
BID TARGET
Negotiate to $448,770
Rehab
$62,025
$25/sqft
ARV
$667,904

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 $ $448,770 · Ask $465,000

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 sqft2481 sqft
ARV$667,904
List− $465,000
Rehab− $62,025
Gross profit$140,879

Contextual market baseline

Sold comps for neighborhood context — not the ARV formula · 3 sales · last 6 mo · zip 28205

Street locked · 28205 · SINGLE_FAMILY $1,300,000 · 2469 sqft
Street locked · 28205 · TOWNHOMES $480,000 · 2410 sqft
Street locked · 28205 · SINGLE_FAMILY $950,000 · 2336 sqft

Net pro forma

Includes closing costs & 3.48-month carry

Buy closing (2%)$9,300
Holding carry$14,834
All-in capital$551,158
Sell costs (6%)− $40,074
Net proceeds$627,830
Net profit $63,130
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: $62,025
Renovation Budget (estimated) $62,025

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
3.0
Sqft
2481
Zip
28205

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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