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 $ $156,302 · Ask $264,000
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 sqft | 1895 sqft |
| ARV | $274,917 |
| List | − $264,000 |
| Rehab | − $92,245 |
| Gross profit | $-81,328 |
Contextual market baseline
Sold comps for neighborhood context — not the ARV formula · 3 sales · last 6 mo · zip 77450
Net pro forma
Includes closing costs & 3.01-month carry
| Buy closing (2%) | $5,280 |
| Holding carry | $9,829 |
| All-in capital | $371,354 |
| Sell costs (6%) | − $16,495 |
| Net proceeds | $258,422 |
| Net profit | $-74,120 |
Photo triage & rehab band
Condition triage
Library estimate
No contractor assessment on file for this listing.
ML baseline rehab: $92,245
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: $92,245Rehab 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
- Beds
- 3
- Baths
- 2.0
- Sqft
- 1895
- Zip
- 77450
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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