Bid Check with my reno → — your rehab, stressed Bid $
Street locked · 60638 | $425,000 Flip Analysis — FlipScout
Ask
$425,000
$382/sqft
Bid $
$313,389
Max bid / MAO
Room
~$111,611 over max bid · 26% of ask
vs max bid
Verdict
WALK
Pass at list
Rehab
$85,499
$77/sqft
ARV
$276,629

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 $ $313,389 · Ask $425,000

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 sqft1113 sqft
ARV$276,629
List− $425,000
Rehab− $85,499
Gross profit$-233,870

Contextual market baseline

Sold comps for neighborhood context — not the ARV formula · 3 sales · last 6 mo · zip 60638

Street locked · 60638 · SINGLE_FAMILY $380,000 · 1104 sqft
Street locked · 60638 · CONDOS $250,000 · 1100 sqft
Street locked · 60638 · SINGLE_FAMILY $425,000 · 1100 sqft

Net pro forma

Includes closing costs & 2.5-month carry

Buy closing (2%)$8,500
Holding carry$11,699
All-in capital$530,698
Sell costs (6%)− $16,598
Net proceeds$260,031
Net profit $-54,556
Photo triage & rehab band

Condition triage

Library estimate

No contractor assessment on file for this listing.

ML baseline rehab: $85,499

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: $85,499
Kitchen — Full Replacement $48,000
Bathroom — Full Renovation $18,000
Interior Paint (1,113 sqft × $3.00) $3,339
Flooring — Hardwood Refinish (1,113 sqft × $4.50) $5,008
Contingency (15%) $11,152

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
1113
Zip
60638

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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