Bid Check with my reno → — your rehab, stressed Bid $
Street locked · 11229 | $718,000 Flip Analysis — FlipScout
Property photo 1 Property photo 2 Property photo 3 Property photo 4 Property photo 5
Ask
$718,000
$587/sqft
Bid $
$515,721
Max bid / MAO
Room
~$202,279 over max bid · 28% of ask
vs max bid
Verdict
WALK
Pass at list
Rehab
$86,457
$71/sqft
ARV
$687,379

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 $ $515,721 · Ask $718,000

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.

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Flip math

Value-add ARV

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

Implied ARV $/sqft
Subject sqft1224 sqft
ARV$687,379
List− $718,000
Rehab− $86,457
Gross profit$-117,078

Contextual market baseline

Sold comps for neighborhood context — not the ARV formula · 3 sales · last 6 mo · zip 11229

Street locked · 11229 · SINGLE_FAMILY $638,000 · 1216 sqft
Street locked · 11229 · SINGLE_FAMILY $975,000 · 1240 sqft
Street locked · 11229 · SINGLE_FAMILY $590,000 · 1248 sqft

Net pro forma

Includes closing costs & 5.75-month carry

Buy closing (2%)$14,360
Holding carry$42,402
All-in capital$861,219
Sell costs (6%)− $41,243
Net proceeds$646,136
Net profit $-117,656
Photo triage & rehab band

Condition triage

Library estimate

No contractor assessment on file for this listing.

ML baseline rehab: $86,457

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: $86,457
Kitchen — Full Replacement $48,000
Bathroom — Full Renovation $18,000
Interior Paint (1,224 sqft × $3.00) $3,672
Flooring — Hardwood Refinish (1,224 sqft × $4.50) $5,508
Contingency (15%) $11,277

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.

Beds
3
Baths
1.0
Sqft
1224
Zip
11229

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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