Bid Check with my reno → — your rehab, stressed Bid $
Street locked · 38017 | $560,000 Flip Analysis — FlipScout
Property photo 1 Property photo 2 Property photo 3 Property photo 4 Property photo 5
Ask
$560,000
$159/sqft
Bid $
$419,098
Max bid / MAO
Room
~$140,902 over max bid · 25% of ask
vs max bid
Verdict
WALK
Pass at list
Rehab
$106,372
$30/sqft
ARV
$542,753

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 $ $419,098 · Ask $560,000

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.

Go Pro $15/mo MAO calculator
Flip math

Value-add ARV

ARV = adjusted list + (rehab × 1.5) · zip avm

Implied ARV $/sqft
Subject sqft3533 sqft
ARV$542,753
List− $560,000
Rehab− $106,372
Gross profit$-123,619

Contextual market baseline

Sold comps for neighborhood context — not the ARV formula · 3 sales · last 6 mo · zip 38017

Street locked · 38017 · SINGLE_FAMILY $660,000 · 3472 sqft
Street locked · 38017 · SINGLE_FAMILY $525,000 · 3654 sqft
Street locked · 38017 · SINGLE_FAMILY $734,000 · 3660 sqft

Net pro forma

Includes closing costs & 2.87-month carry

Buy closing (2%)$11,200
Holding carry$17,531
All-in capital$695,103
Sell costs (6%)− $32,565
Net proceeds$510,188
Net profit $-65,424
Photo triage & rehab band

Condition triage

Library estimate

No contractor assessment on file for this listing.

ML baseline rehab: $106,372

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: $106,372
Kitchen — Full Replacement $48,000
Bathroom — Full Renovation $18,000
Interior Paint (3,533 sqft × $3.00) $10,599
Flooring — Hardwood Refinish (3,533 sqft × $4.50) $15,898
Contingency (15%) $13,875

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
4.0
Sqft
3533
Zip
38017

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 · 38017

Street locked · 38017

Collierville, TN 38017

Ask$449,000
Bid $$325,951
Room~$123,049 over max bid · 27% of ask
WALK Street locked · 38017

Street locked · 38017

Collierville, TN 38017

Ask$535,000
Bid $$401,152
Room~$133,848 over max bid · 25% of ask
WALK Street locked · 38017

Street locked · 38017

Collierville, TN 38017

Ask$389,900
Bid $$274,714
Room~$115,186 over max bid · 30% of ask
WALK Street locked · 38017

Street locked · 38017

Collierville, TN 38017

Ask$494,000
Bid $$366,757
Room~$127,243 over max bid · 26% of ask
WALK Street locked · 38017

Street locked · 38017

Collierville, TN 38017

Ask$525,000
Bid $$392,398
Room~$132,602 over max bid · 25% of ask
← Bid/Pass Tape