Bid Check with my reno → — your rehab, stressed Bid $
Street locked · 01002 | $468,000 Flip Analysis — FlipScout
Ask
$468,000
$274/sqft
Bid $
$348,545
Max bid / MAO
Room
~$119,455 over max bid · 26% of ask
vs max bid
Verdict
WALK
Pass at list
Rehab
$90,632
$53/sqft
ARV
$487,267

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 $ $348,545 · Ask $468,000

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 sqft1708 sqft
ARV$487,267
List− $468,000
Rehab− $90,632
Gross profit$-71,365

Contextual market baseline

Sold comps for neighborhood context — not the ARV formula · 3 sales · last 6 mo · zip 01002

Street locked · 01002 · CONDOS $555,000 · 1703 sqft
Street locked · 01002 · SINGLE_FAMILY $683,800 · 1702 sqft
Street locked · 01002 · SINGLE_FAMILY $625,000 · 1722 sqft

Net pro forma

Includes closing costs & 3.83-month carry

Buy closing (2%)$9,360
Holding carry$19,613
All-in capital$587,605
Sell costs (6%)− $29,236
Net proceeds$458,031
Net profit $-56,460
Photo triage & rehab band

Condition triage

Library estimate

No contractor assessment on file for this listing.

ML baseline rehab: $90,632

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: $90,632
Kitchen — Full Replacement $48,000
Bathroom — Full Renovation $18,000
Interior Paint (1,708 sqft × $3.00) $5,124
Flooring — Hardwood Refinish (1,708 sqft × $4.50) $7,686
Contingency (15%) $11,822

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
3
Baths
3.0
Sqft
1708
Zip
01002

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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