Bid Check with my reno → — your rehab, stressed Bid $
Street locked · 48201 | $711,000 Flip Analysis — FlipScout
Property photo 1 Property photo 2 Property photo 3 Property photo 4 Property photo 5
Ask
$711,000
$353/sqft
Bid $
$525,346
Max bid / MAO
Room
~$185,654 over max bid · 26% of ask
vs max bid
Verdict
WALK
Pass at list
Rehab
$93,254
$46/sqft
ARV
$588,975

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 $ $525,346 · Ask $711,000

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.

Go Pro $15/mo MAO calculator
Flip math

Value-add ARV

ARV = adjusted list + (rehab × 1.5) · zip avm

Implied ARV $/sqft
Subject sqft2012 sqft
ARV$588,975
List− $711,000
Rehab− $93,254
Gross profit$-215,279

Contextual market baseline

Sold comps for neighborhood context — not the ARV formula · 3 sales · last 6 mo · zip 48201

Street locked · 48201 · TOWNHOMES $641,000 · 2008 sqft
Street locked · 48201 · TOWNHOMES $706,400 · 2005 sqft
Street locked · 48201 · CONDOS $805,000 · 2038 sqft

Net pro forma

Includes closing costs & 5.84-month carry

Buy closing (2%)$14,220
Holding carry$43,054
All-in capital$861,528
Sell costs (6%)− $35,339
Net proceeds$553,637
Net profit $-97,661
Photo triage & rehab band

Condition triage

Library estimate

No contractor assessment on file for this listing.

ML baseline rehab: $93,254

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: $93,254
Kitchen — Full Replacement $48,000
Bathroom — Full Renovation $18,000
Interior Paint (2,012 sqft × $3.00) $6,036
Flooring — Hardwood Refinish (2,012 sqft × $4.50) $9,054
Contingency (15%) $12,164

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
2/100
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
2012
Zip
48201

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

WALK Street locked · 48201

Street locked · 48201

Detroit, MI 48201

Ask$425,000
Bid $$305,888
Room~$119,112 over max bid · 28% of ask
WALK Street locked · 48201

Street locked · 48201

Detroit, MI 48201

Ask$361,000
Bid $$255,121
Room~$105,879 over max bid · 29% of ask
WALK Street locked · 48201

Street locked · 48201

Detroit, MI 48201

Ask$399,900
Bid $$289,540
Room~$110,360 over max bid · 28% of ask
WALK Street locked · 48201

Street locked · 48201

Detroit, MI 48201

Ask$375,000
Bid $$264,924
Room~$110,076 over max bid · 29% of ask
WALK Street locked · 48201

Street locked · 48201

Detroit, MI 48201

Ask$389,000
Bid $$279,429
Room~$109,571 over max bid · 28% of ask
← Bid/Pass Tape