Bid Check with my reno → — your rehab, stressed Bid $
Street locked · 37201 | $515,000 Flip Analysis — FlipScout
Ask
$515,000
$615/sqft
Bid $
$399,838
Max bid / MAO
Room
~$115,162 over max bid · 22% of ask
vs max bid
Verdict
WALK
Pass at list
Rehab
$83,119
$99/sqft
ARV
$577,430

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 $ $399,838 · Ask $515,000

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 sqft837 sqft
ARV$577,430
List− $515,000
Rehab− $83,119
Gross profit$-20,689

Contextual market baseline

Sold comps for neighborhood context — not the ARV formula · 3 sales · last 6 mo · zip 37201

Street locked · 37201 · CONDOS $450,000 · 837 sqft
Street locked · 37201 · CONDOS $558,900 · 810 sqft
Street locked · 37201 · CONDOS $920,000 · 864 sqft

Net pro forma

Includes closing costs & 2.42-month carry

Buy closing (2%)$10,300
Holding carry$13,268
All-in capital$621,687
Sell costs (6%)− $34,646
Net proceeds$542,784
Net profit $-45,050
Photo triage & rehab band

Condition triage

Library estimate

No contractor assessment on file for this listing.

ML baseline rehab: $83,119

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: $83,119
Kitchen — Full Replacement $48,000
Bathroom — Full Renovation $18,000
Interior Paint (837 sqft × $3.00) $2,511
Flooring — Hardwood Refinish (837 sqft × $4.50) $3,766
Contingency (15%) $10,842

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
837
Zip
37201

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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