Bid Check with my reno → — your rehab, stressed Bid $
Street locked · 40475 | $319,900 Flip Analysis — FlipScout
Ask
$319,900
$207/sqft
Bid $
$211,481
Max bid / MAO
Room
~$108,419 over max bid · 34% of ask
vs max bid
Verdict
WALK
Pass at list
Rehab
$89,252
$58/sqft
ARV
$249,187

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 $ $211,481 · Ask $319,900

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 sqft1548 sqft
ARV$249,187
List− $319,900
Rehab− $89,252
Gross profit$-159,965

Contextual market baseline

Sold comps for neighborhood context — not the ARV formula · 3 sales · last 6 mo · zip 40475

Street locked · 40475 · SINGLE_FAMILY $315,000 · 1548 sqft
Street locked · 40475 · SINGLE_FAMILY $314,000 · 1549 sqft
Street locked · 40475 · SINGLE_FAMILY $315,000 · 1593 sqft

Net pro forma

Includes closing costs & 3.43-month carry

Buy closing (2%)$6,398
Holding carry$12,864
All-in capital$428,414
Sell costs (6%)− $14,951
Net proceeds$234,236
Net profit $-66,658
Photo triage & rehab band

Condition triage

Library estimate

No contractor assessment on file for this listing.

ML baseline rehab: $89,252

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: $89,252
Kitchen — Full Replacement $48,000
Bathroom — Full Renovation $18,000
Interior Paint (1,548 sqft × $3.00) $4,644
Flooring — Hardwood Refinish (1,548 sqft × $4.50) $6,966
Contingency (15%) $11,642

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
15/100
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
1548
Zip
40475

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

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