Bid Check with my reno → — your rehab, stressed Bid $
Street locked · 31088 | $249,000 Flip Analysis — FlipScout
Ask
$249,000
$122/sqft
Bid $
$139,082
Max bid / MAO
Room
~$109,918 over max bid · 44% of ask
vs max bid
Verdict
WALK
Pass at list
Rehab
$93,572
$46/sqft
ARV
$235,297

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 $ $139,082 · Ask $249,000

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 sqft2049 sqft
ARV$235,297
List− $249,000
Rehab− $93,572
Gross profit$-107,275

Contextual market baseline

Sold comps for neighborhood context — not the ARV formula · 3 sales · last 6 mo · zip 31088

Street locked · 31088 · SINGLE_FAMILY $220,000 · 2050 sqft
Street locked · 31088 · SINGLE_FAMILY $255,000 · 1912 sqft
Street locked · 31088 · SINGLE_FAMILY $250,000 · 1856 sqft

Net pro forma

Includes closing costs & 4.32-month carry

Buy closing (2%)$4,980
Holding carry$13,566
All-in capital$361,118
Sell costs (6%)− $14,118
Net proceeds$221,179
Net profit $-78,951
Photo triage & rehab band

Condition triage

Library estimate

No contractor assessment on file for this listing.

ML baseline rehab: $93,572

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: $93,572
Kitchen — Full Replacement $48,000
Bathroom — Full Renovation $18,000
Interior Paint (2,049 sqft × $3.00) $6,147
Flooring — Hardwood Refinish (2,049 sqft × $4.50) $9,220
Contingency (15%) $12,205

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
13/100
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
2049
Zip
31088

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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