Bid Check with my reno → — your rehab, stressed Bid $
Street locked · 47150 | $389,000 Flip Analysis — FlipScout
Property photo 1 Property photo 2 Property photo 3 Property photo 4 Property photo 5
Ask
$389,000
$123/sqft
Bid $
$262,314
Max bid / MAO
Room
~$126,686 over max bid · 33% of ask
vs max bid
Verdict
WALK
Pass at list
Rehab
$103,276
$33/sqft
ARV
$434,501

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 $ $262,314 · Ask $389,000

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 sqft3174 sqft
ARV$434,501
List− $389,000
Rehab− $103,276
Gross profit$-57,775

Contextual market baseline

Sold comps for neighborhood context — not the ARV formula · 3 sales · last 6 mo · zip 47150

Street locked · 47150 · SINGLE_FAMILY $386,900 · 3174 sqft
Street locked · 47150 · SINGLE_FAMILY $427,000 · 3164 sqft
Street locked · 47150 · SINGLE_FAMILY $439,900 · 2893 sqft

Net pro forma

Includes closing costs & 4.33-month carry

Buy closing (2%)$7,780
Holding carry$19,539
All-in capital$519,595
Sell costs (6%)− $26,070
Net proceeds$408,431
Net profit $-75,655
Photo triage & rehab band

Condition triage

Library estimate

No contractor assessment on file for this listing.

ML baseline rehab: $103,276

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: $103,276
Kitchen — Full Replacement $48,000
Bathroom — Full Renovation $18,000
Interior Paint (3,174 sqft × $3.00) $9,522
Flooring — Hardwood Refinish (3,174 sqft × $4.50) $14,283
Contingency (15%) $13,471

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
3.0
Sqft
3174
Zip
47150

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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