Bid Check with my reno → — your rehab, stressed Bid $
Street locked · 60623 | $269,000 Flip Analysis — FlipScout
Ask
$269,000
$198/sqft
Bid $
$165,508
Max bid / MAO
Room
~$103,492 over max bid · 38% of ask
vs max bid
Verdict
WALK
Pass at list
Rehab
$87,622
$64/sqft
ARV
$157,482

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 $ $165,508 · Ask $269,000

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 sqft1359 sqft
ARV$157,482
List− $269,000
Rehab− $87,622
Gross profit$-199,140

Contextual market baseline

Sold comps for neighborhood context — not the ARV formula · 3 sales · last 6 mo · zip 60623

Street locked · 60623 · OTHER $185,000 · 1332 sqft
Street locked · 60623 · SINGLE_FAMILY $255,000 · 1784 sqft
Street locked · 60623 · MULTI_FAMILY $419,000 · 1800 sqft

Net pro forma

Includes closing costs & 3.13-month carry

Buy closing (2%)$5,380
Holding carry$10,232
All-in capital$372,234
Sell costs (6%)− $9,449
Net proceeds$148,033
Net profit $-68,975
Photo triage & rehab band

Condition triage

Library estimate

No contractor assessment on file for this listing.

ML baseline rehab: $87,622

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: $87,622
Kitchen — Full Replacement $48,000
Bathroom — Full Renovation $18,000
Interior Paint (1,359 sqft × $3.00) $4,077
Flooring — Hardwood Refinish (1,359 sqft × $4.50) $6,116
Contingency (15%) $11,429

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
1.0
Sqft
1359
Zip
60623

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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