Bid Check with my reno → — your rehab, stressed Bid $
Street locked · 92109 | $399,000 Flip Analysis — FlipScout
Ask
$399,000
$588/sqft
Bid $
$384,756
Max bid / MAO
Room
~$14,244 over max bid · 4% of ask
vs max bid
Verdict
BID TARGET
Negotiate to $384,756
Rehab
$26,946
$40/sqft
ARV
$538,926

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 $ $384,756 · Ask $399,000

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 sqft678 sqft
ARV$538,926
List− $399,000
Rehab− $26,946
Gross profit$112,979

Contextual market baseline

Sold comps for neighborhood context — not the ARV formula · 3 sales · last 6 mo · zip 92109

Street locked · 92109 · CONDOS $350,000 · 653 sqft
Street locked · 92109 · MULTI_FAMILY $2,275,000 · 764 sqft
Street locked · 92109 · CONDOS $600,000 · 800 sqft

Net pro forma

Includes closing costs & 4.39-month carry

Buy closing (2%)$7,980
Holding carry$16,056
All-in capital$449,983
Sell costs (6%)− $32,336
Net proceeds$506,590
Net profit $49,735
Photo triage & rehab band

Condition triage

Library estimate

No contractor assessment on file for this listing.

ML baseline rehab:

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: $26,946
Renovation Budget (estimated) $26,946

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
40/100
35% weight
hidden repair risk
100/100
25% weight
neighborhood trajectory
60/100
25% weight
condition
50/100
15% weight
Beds
1
Baths
1.0
Sqft
678
Zip
92109

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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