Bid Check with my reno → — your rehab, stressed Bid $
Street locked · 98103 | $584,076 Flip Analysis — FlipScout
Ask
$584,076
$508/sqft
Bid $
$458,899
Max bid / MAO
Room
~$125,177 over max bid · 21% of ask
vs max bid
Verdict
WALK
Pass at list
Rehab
$85,819
$75/sqft
ARV
$587,298

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 $ $458,899 · Ask $584,076

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 sqft1150 sqft
ARV$587,298
List− $584,076
Rehab− $85,819
Gross profit$-82,597

Contextual market baseline

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

Street locked · 98103 · SINGLE_FAMILY $759,000 · 1150 sqft
Street locked · 98103 · TOWNHOMES $698,000 · 1172 sqft
Street locked · 98103 · TOWNHOMES $630,000 · 1100 sqft

Net pro forma

Includes closing costs & 3.06-month carry

Buy closing (2%)$11,682
Holding carry$18,791
All-in capital$700,367
Sell costs (6%)− $35,238
Net proceeds$552,060
Net profit $-45,844
Photo triage & rehab band

Condition triage

Library estimate

No contractor assessment on file for this listing.

ML baseline rehab: $85,819

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: $85,819
Kitchen — Full Replacement $48,000
Bathroom — Full Renovation $18,000
Interior Paint (1,150 sqft × $3.00) $3,450
Flooring — Hardwood Refinish (1,150 sqft × $4.50) $5,175
Contingency (15%) $11,194

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
14/100
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
1150
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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