Bid Check with my reno → — your rehab, stressed Bid $
Street locked · 98037 | $315,000 Flip Analysis — FlipScout
Ask
$315,000
$341/sqft
Bid $
$204,014
Max bid / MAO
Room
~$110,986 over max bid · 35% of ask
vs max bid
Verdict
WALK
Pass at list
Rehab
$23,075
$25/sqft
ARV
$297,053

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 $ $204,014 · Ask $315,000

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 sqft923 sqft
ARV$297,053
List− $315,000
Rehab− $23,075
Gross profit$-41,022

Contextual market baseline

Sold comps for neighborhood context — not the ARV formula · 3 sales · last 6 mo · zip 98037

Street locked · 98037 · CONDO $273,614 · 1008 sqft
Street locked · 98037 · CONDOS $285,000 · 772 sqft
Street locked · 98037 · CONDOS $440,000 · 1143 sqft

Net pro forma

Includes closing costs & 3.73-month carry

Buy closing (2%)$6,300
Holding carry$10,770
All-in capital$355,145
Sell costs (6%)− $17,823
Net proceeds$279,229
Net profit $-80,729
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: $23,075
Renovation Budget (estimated) $23,075

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
923
Zip
98037

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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