Bid Check with my reno → — your rehab, stressed Bid $
Street locked · 60622 | $774,700 Flip Analysis — FlipScout
Ask
$774,700
$430/sqft
Bid $
$575,735
Max bid / MAO
Room
~$198,965 over max bid · 26% of ask
vs max bid
Verdict
WALK
Pass at list
Rehab
$91,425
$51/sqft
ARV
$662,215

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 $ $575,735 · Ask $774,700

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 sqft1800 sqft
ARV$662,215
List− $774,700
Rehab− $91,425
Gross profit$-203,910

Contextual market baseline

Sold comps for neighborhood context — not the ARV formula · 3 sales · last 6 mo · zip 60622

Street locked · 60622 · CONDOS $700,000 · 1700 sqft
Street locked · 60622 · CONDOS $750,000 · 1600 sqft
Street locked · 60622 · CONDOS $500,000 · 1400 sqft

Net pro forma

Includes closing costs & 3.0-month carry

Buy closing (2%)$15,494
Holding carry$23,818
All-in capital$905,437
Sell costs (6%)− $39,733
Net proceeds$622,482
Net profit $-103,975
Photo triage & rehab band

Condition triage

Library estimate

No contractor assessment on file for this listing.

ML baseline rehab: $91,425

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: $91,425
Kitchen — Full Replacement $48,000
Bathroom — Full Renovation $18,000
Interior Paint (1,800 sqft × $3.00) $5,400
Flooring — Hardwood Refinish (1,800 sqft × $4.50) $8,100
Contingency (15%) $11,925

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
1/100
35% weight
hidden repair risk
100/100
25% weight
neighborhood trajectory
60/100
25% weight
condition
50/100
15% weight
Beds
3
Baths
2.0
Sqft
1800
Zip
60622

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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