Bid Check with my reno → — your rehab, stressed Bid $
Street locked · 27587 | $415,340 Flip Analysis — FlipScout
Property photo 1 Property photo 2 Property photo 3 Property photo 4 Property photo 5
Ask
$415,340
$235/sqft
Bid $
$298,856
Max bid / MAO
Room
~$116,484 over max bid · 28% of ask
vs max bid
Verdict
WALK
Pass at list
Rehab
$91,114
$52/sqft
ARV
$318,980

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 $ $298,856 · Ask $415,340

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 sqft1764 sqft
ARV$318,980
List− $415,340
Rehab− $91,114
Gross profit$-187,474

Contextual market baseline

Sold comps for neighborhood context — not the ARV formula · 3 sales · last 6 mo · zip 27587

Street locked · 27587 · SINGLE_FAMILY $335,000 · 1750 sqft
Street locked · 27587 · TOWNHOMES $343,000 · 1724 sqft
Street locked · 27587 · TOWNHOMES $399,990 · 1812 sqft

Net pro forma

Includes closing costs & 6.71-month carry

Buy closing (2%)$8,307
Holding carry$31,151
All-in capital$545,912
Sell costs (6%)− $19,139
Net proceeds$299,841
Net profit $-61,086
Photo triage & rehab band

Condition triage

Library estimate

No contractor assessment on file for this listing.

ML baseline rehab: $91,114

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: $91,114
Kitchen — Full Replacement $48,000
Bathroom — Full Renovation $18,000
Interior Paint (1,764 sqft × $3.00) $5,292
Flooring — Hardwood Refinish (1,764 sqft × $4.50) $7,938
Contingency (15%) $11,884

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
2.0
Sqft
1764
Zip
27587

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 · 27587

Street locked · 27587

Wake Forest, NC 27587

Ask$326,999
Bid $$251,885
Room~$75,114 over max bid · 23% of ask
WALK Street locked · 27587

Street locked · 27587

Wake Forest, NC 27587

Ask$345,000
Bid $$265,245
Room~$79,755 over max bid · 23% of ask
WALK Street locked · 27587

Street locked · 27587

Wake Forest, NC 27587

Ask$340,000
Bid $$261,006
Room~$78,994 over max bid · 23% of ask
WALK Street locked · 27587

Street locked · 27587

Wake Forest, NC 27587

Ask$355,219
Bid $$272,447
Room~$82,772 over max bid · 23% of ask
WALK Street locked · 27587

Street locked · 27587

Wake Forest, NC 27587

Ask$650,000
Bid $$505,631
Room~$144,369 over max bid · 22% of ask
← Bid/Pass Tape