Bid Check with my reno → — your rehab, stressed Bid $
Street locked · 11203 | $650,000 Flip Analysis — FlipScout
Ask
$650,000
$494/sqft
Bid $
$470,672
Max bid / MAO
Room
~$179,328 over max bid · 28% of ask
vs max bid
Verdict
WALK
Pass at list
Rehab
$87,250
$66/sqft
ARV
$575,727

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 $ $470,672 · Ask $650,000

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 sqft1316 sqft
ARV$575,727
List− $650,000
Rehab− $87,250
Gross profit$-161,523

Contextual market baseline

Sold comps for neighborhood context — not the ARV formula · 3 sales · last 6 mo · zip 11203

Street locked · 11203 · MULTI_FAMILY $985,000 · 1248 sqft
Street locked · 11203 · SINGLE_FAMILY $760,000 · 1408 sqft
Street locked · 11203 · MULTI_FAMILY $785,000 · 1216 sqft

Net pro forma

Includes closing costs & 10.87-month carry

Buy closing (2%)$13,000
Holding carry$73,461
All-in capital$823,711
Sell costs (6%)− $34,544
Net proceeds$541,183
Net profit $-100,553
Photo triage & rehab band

Condition triage

Library estimate

No contractor assessment on file for this listing.

ML baseline rehab: $87,250

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: $87,250
Kitchen — Full Replacement $48,000
Bathroom — Full Renovation $18,000
Interior Paint (1,316 sqft × $3.00) $3,948
Flooring — Hardwood Refinish (1,316 sqft × $4.50) $5,922
Contingency (15%) $11,380

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
1/100
35% weight
hidden repair risk
100/100
25% weight
neighborhood trajectory
60/100
25% weight
condition
50/100
15% weight
Beds
3
Baths
2.0
Sqft
1316
Zip
11203

Assigns Condition Tier 1–4 from listing photos (gut / heavy / cosmetic / turnkey). Rehab $ comes from historical tier bands — not photo guessing. Usually ~30–90s.

Similar flips

Same zip or nearby price band — Bid/Pass Tape rows

← Bid/Pass Tape