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 $ $363,627 · Ask $489,990
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 sqft | 2355 sqft |
| ARV | $483,423 |
| List | − $489,990 |
| Rehab | − $96,212 |
| Gross profit | $-102,779 |
Contextual market baseline
Sold comps for neighborhood context — not the ARV formula · 3 sales · last 6 mo · zip 89123
Net pro forma
Includes closing costs & 4.0-month carry
| Buy closing (2%) | $9,800 |
| Holding carry | $21,494 |
| All-in capital | $617,496 |
| Sell costs (6%) | − $29,005 |
| Net proceeds | $454,417 |
| Net profit | $-60,471 |
Photo triage & rehab band
Condition triage
Library estimate
No contractor assessment on file for this listing.
ML baseline rehab: $96,212
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: $96,212Rehab 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
- Beds
- 3
- Baths
- 3.0
- Sqft
- 2355
- Zip
- 89123
Assigns Condition Tier 1–4 from listing photos (gut / heavy / cosmetic / turnkey). Rehab $ comes from historical tier bands — not photo guessing. Usually ~30–90s.
Similar flips
Same zip or nearby price band — Bid/Pass Tape rows
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Las Vegas, NV 89123
Street locked · 89123
Las Vegas, NV 89123