Bid Check with my reno → — your rehab, stressed Bid $
Street locked · 48201 | $619,000 Flip Analysis — FlipScout
Property photo 1 Property photo 2 Property photo 3 Property photo 4 Property photo 5
Ask
$619,000
$342/sqft
Bid $
$456,985
Max bid / MAO
Room
~$162,015 over max bid · 26% of ask
vs max bid
Verdict
WALK
Pass at list
Rehab
$91,511
$51/sqft
ARV
$529,844

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 $ $456,985 · Ask $619,000

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 sqft1810 sqft
ARV$529,844
List− $619,000
Rehab− $91,511
Gross profit$-180,667

Contextual market baseline

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

Street locked · 48201 · CONDOS $420,000 · 1707 sqft
Street locked · 48201 · CONDO $1,300,000 · 1933 sqft
Street locked · 48201 · TOWNHOMES $706,400 · 2005 sqft

Net pro forma

Includes closing costs & 12.4-month carry

Buy closing (2%)$12,380
Holding carry$80,761
All-in capital$803,652
Sell costs (6%)− $31,791
Net proceeds$498,053
Net profit $-83,895
Photo triage & rehab band

Condition triage

Library estimate

No contractor assessment on file for this listing.

ML baseline rehab: $91,511

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: $91,511
Kitchen — Full Replacement $48,000
Bathroom — Full Renovation $18,000
Interior Paint (1,810 sqft × $3.00) $5,430
Flooring — Hardwood Refinish (1,810 sqft × $4.50) $8,145
Contingency (15%) $11,936

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
3/100
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
1810
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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