Bid Check with my reno → — your rehab, stressed Bid $
Street locked · 28027 | $718,645 Flip Analysis — FlipScout
Ask
$718,645
$252/sqft
Bid $
$573,111
Max bid / MAO
Room
~$145,534 over max bid · 20% of ask
vs max bid
Verdict
WALK
Pass at list
Rehab
$100,516
$35/sqft
ARV
$491,409

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 $ $573,111 · Ask $718,645

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.

Go Pro $15/mo MAO calculator
Flip math

Value-add ARV

ARV = adjusted list + (rehab × 1.5) · zip avm

Implied ARV $/sqft
Subject sqft2854 sqft
ARV$491,409
List− $718,645
Rehab− $100,516
Gross profit$-327,752

Contextual market baseline

Sold comps for neighborhood context — not the ARV formula · 3 sales · last 6 mo · zip 28027

Street locked · 28027 · SINGLE_FAMILY $520,000 · 2728 sqft
Street locked · 28027 · SINGLE_FAMILY $525,000 · 2639 sqft
Street locked · 28027 · SINGLE_FAMILY $530,000 · 2607 sqft

Net pro forma

Includes closing costs & 6.87-month carry

Buy closing (2%)$14,373
Holding carry$51,587
All-in capital$885,121
Sell costs (6%)− $29,485
Net proceeds$461,924
Net profit $-46,960
Photo triage & rehab band

Condition triage

Library estimate

No contractor assessment on file for this listing.

ML baseline rehab: $100,516

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: $100,516
Kitchen — Full Replacement $48,000
Bathroom — Full Renovation $18,000
Interior Paint (2,854 sqft × $3.00) $8,562
Flooring — Hardwood Refinish (2,854 sqft × $4.50) $12,843
Contingency (15%) $13,111

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
4
Baths
3.0
Sqft
2854
Zip
28027

Assigns Condition Tier 1–4 from listing photos (gut / heavy / cosmetic / turnkey). Rehab $ comes from historical tier bands — not photo guessing. Usually ~30–90s.

Similar flips

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

WALK Street locked · 28027

Street locked · 28027

Concord, NC 28027

Ask$368,000
Bid $$258,331
Room~$109,669 over max bid · 30% of ask
WALK Street locked · 28027

Street locked · 28027

Concord, NC 28027

Ask$355,000
Bid $$246,072
Room~$108,928 over max bid · 31% of ask
WALK Street locked · 28027

Street locked · 28027

Concord, NC 28027

Ask$449,000
Bid $$324,658
Room~$124,342 over max bid · 28% of ask
WALK Street locked · 28027

Street locked · 28027

Concord, NC 28027

Ask$572,696
Bid $$437,619
Room~$135,077 over max bid · 24% of ask
WALK Street locked · 28027

Street locked · 28027

Spencer, NC 28027

Ask$279,000
Bid $$166,517
Room~$112,483 over max bid · 40% of ask
← Bid/Pass Tape