Bid Check with my reno → — your rehab, stressed Bid $
Street locked · 48201 | $279,900 Flip Analysis — FlipScout
Property photo 1 Property photo 2 Property photo 3 Property photo 4 Property photo 5
Ask
$279,900
$438/sqft
Bid $
$181,783
Max bid / MAO
Room
~$98,117 over max bid · 35% of ask
vs max bid
Verdict
WALK
Pass at list
Rehab
$81,412
$127/sqft
ARV
$187,055

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 $ $181,783 · Ask $279,900

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 sqft639 sqft
ARV$187,055
List− $279,900
Rehab− $81,412
Gross profit$-174,257

Contextual market baseline

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

Street locked · 48201 · CONDOS $245,000 · 834 sqft
Street locked · 48201 · CONDOS $262,500 · 896 sqft
Street locked · 48201 · CONDO $262,500 · 896 sqft

Net pro forma

Includes closing costs & 2.9-month carry

Buy closing (2%)$5,598
Holding carry$9,605
All-in capital$376,515
Sell costs (6%)− $11,223
Net proceeds$175,832
Net profit $-61,736
Photo triage & rehab band

Condition triage

Library estimate

No contractor assessment on file for this listing.

ML baseline rehab: $81,412

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: $81,412
Kitchen — Full Replacement $48,000
Bathroom — Full Renovation $18,000
Interior Paint (639 sqft × $3.00) $1,917
Flooring — Hardwood Refinish (639 sqft × $4.50) $2,876
Contingency (15%) $10,619

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
639
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.

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