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 $ $160,117 · Ask $269,900
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 sqft | 2096 sqft |
| ARV | $269,671 |
| List | − $269,900 |
| Rehab | − $93,978 |
| Gross profit | $-94,207 |
Contextual market baseline
Sold comps for neighborhood context — not the ARV formula · 3 sales · last 6 mo · zip 77015
Net pro forma
Includes closing costs & 7.67-month carry
| Buy closing (2%) | $5,398 |
| Holding carry | $25,584 |
| All-in capital | $394,860 |
| Sell costs (6%) | − $16,180 |
| Net proceeds | $253,491 |
| Net profit | $-75,438 |
Photo triage & rehab band
Condition triage
Library estimate
No contractor assessment on file for this listing.
ML baseline rehab: $93,978
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: $93,978Rehab 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
- Beds
- 4
- Baths
- 2.0
- Sqft
- 2096
- Zip
- 77015
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
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