Bid Check with my reno → — your rehab, stressed Bid $
Street locked · 98029 | $459,000 Flip Analysis — FlipScout
Ask
$459,000
$382/sqft
Bid $
$425,276
Max bid / MAO
Room
~$33,724 over max bid · 7% of ask
vs max bid
Verdict
BID TARGET
Negotiate to $425,276
Rehab
$30,000
$25/sqft
ARV
$595,959

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 $ $425,276 · Ask $459,000

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 sqft1200 sqft
ARV$595,959
List− $459,000
Rehab− $30,000
Gross profit$106,959

Contextual market baseline

Sold comps for neighborhood context — not the ARV formula · 3 sales · last 6 mo · zip 98029

Street locked · 98029 · CONDOS $430,000 · 1183 sqft
Street locked · 98029 · CONDOS $750,000 · 1171 sqft
Street locked · 98029 · TOWNHOMES $635,000 · 1307 sqft

Net pro forma

Includes closing costs & 6.58-month carry

Buy closing (2%)$9,180
Holding carry$27,685
All-in capital$525,865
Sell costs (6%)− $35,758
Net proceeds$560,201
Net profit $36,153
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: $30,000
Renovation Budget (estimated) $30,000

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
2.0
Sqft
1200
Zip
98029

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

← Bid/Pass Tape