Bid Check with my reno → — your rehab, stressed Bid $
Street locked · 98115 | $449,999 Flip Analysis — FlipScout
Property photo 1 Property photo 2 Property photo 3 Property photo 4 Property photo 5
Ask
$449,999
$649/sqft
Bid $
$340,304
Max bid / MAO
Room
~$109,695 over max bid · 24% of ask
vs max bid
Verdict
WALK
Pass at list
Rehab
$81,877
$118/sqft
ARV
$356,894

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 $ $340,304 · Ask $449,999

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 sqft693 sqft
ARV$356,894
List− $449,999
Rehab− $81,877
Gross profit$-174,982

Contextual market baseline

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

Street locked · 98115 · CONDOS $290,000 · 744 sqft
Street locked · 98115 · SINGLE_FAMILY $847,000 · 820 sqft
Street locked · 98115 · SINGLE_FAMILY $835,000 · 1090 sqft

Net pro forma

Includes closing costs & 5.05-month carry

Buy closing (2%)$9,000
Holding carry$24,621
All-in capital$565,497
Sell costs (6%)− $21,414
Net proceeds$335,480
Net profit $-48,872
Photo triage & rehab band

Condition triage

Library estimate

No contractor assessment on file for this listing.

ML baseline rehab: $81,877

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: $81,877
Kitchen — Full Replacement $48,000
Bathroom — Full Renovation $18,000
Interior Paint (693 sqft × $3.00) $2,079
Flooring — Hardwood Refinish (693 sqft × $4.50) $3,118
Contingency (15%) $10,680

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
15/100
35% weight
hidden repair risk
100/100
25% weight
neighborhood trajectory
60/100
25% weight
condition
50/100
15% weight
Beds
1
Baths
1.0
Sqft
693
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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