Bid Check with my reno → — your rehab, stressed Bid $
Street locked · 98004 | $498,000 Flip Analysis — FlipScout
Property photo 1 Property photo 2 Property photo 3 Property photo 4 Property photo 5
Ask
$498,000
$451/sqft
Bid $
$634,782
Max bid / MAO
Room
ARV check required
vs max bid
Verdict
WALK
ARV/ask > 1.75× — Need ARV check before CLEARS.
Rehab
$44,457
$40/sqft
ARV
$889,136

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 $ $634,782 · Ask $498,000

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 sqft1105 sqft
ARV$889,136
List− $498,000
Rehab− $44,457
Gross profit$346,680

Contextual market baseline

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

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

Net pro forma

Includes closing costs & 3.03-month carry

Buy closing (2%)$9,960
Holding carry$13,832
All-in capital$566,249
Sell costs (6%)− $53,348
Net proceeds$835,788
Net profit $250,121
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: $44,457
Renovation Budget (estimated) $44,457

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
1.0
Sqft
1105
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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