Bid Check with my reno → — your rehab, stressed Bid $
Street locked · 98004 | $698,000 Flip Analysis — FlipScout
Property photo 1 Property photo 2 Property photo 3 Property photo 4 Property photo 5
Ask
$698,000
$652/sqft
Bid $
$615,745
Max bid / MAO
Room
~$82,255 over max bid · 12% of ask
vs max bid
Verdict
WALK
Pass at list
Rehab
$43,124
$40/sqft
ARV
$862,471

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 $ $615,745 · Ask $698,000

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 sqft1071 sqft
ARV$862,471
List− $698,000
Rehab− $43,124
Gross profit$121,348

Contextual market baseline

Sold comps for neighborhood context — not the ARV formula · 3 sales · last 6 mo · zip 98004

Street locked · 98004 · CONDOS $685,000 · 1065 sqft
Street locked · 98004 · CONDOS $865,000 · 1115 sqft
Street locked · 98004 · CONDOS $1,050,000 · 1143 sqft

Net pro forma

Includes closing costs & 3.03-month carry

Buy closing (2%)$13,960
Holding carry$19,387
All-in capital$774,471
Sell costs (6%)− $51,748
Net proceeds$810,723
Net profit $17,248
Photo triage & rehab band

Condition triage

Library estimate

No contractor assessment on file for this listing.

ML baseline rehab: —

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: $43,124
Renovation Budget (estimated) $43,124

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
40/100
35% weight
hidden repair risk
100/100
25% weight
neighborhood trajectory
60/100
25% weight
condition
50/100
15% weight
Beds
2
Baths
3.0
Sqft
1071
Zip
98004

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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