Bid Check with my reno → — your rehab, stressed Bid $
Street locked · 28203 | $625,000 Flip Analysis — FlipScout
Ask
$625,000
$335/sqft
Bid $
$462,921
Max bid / MAO
Room
~$162,079 over max bid · 26% of ask
vs max bid
Verdict
WALK
Pass at list
Rehab
$91,969
$49/sqft
ARV
$776,103

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 $ $462,921 · Ask $625,000

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 sqft1863 sqft
ARV$776,103
List− $625,000
Rehab− $91,969
Gross profit$59,134

Contextual market baseline

Sold comps for neighborhood context — not the ARV formula · 3 sales · last 6 mo · zip 28203

Street locked · 28203 · TOWNHOMES $675,000 · 1857 sqft
Street locked · 28203 · SINGLE_FAMILY $995,000 · 1793 sqft
Street locked · 28203 · SINGLE_FAMILY $970,000 · 1740 sqft

Net pro forma

Includes closing costs & 4.67-month carry

Buy closing (2%)$12,500
Holding carry$30,692
All-in capital$760,161
Sell costs (6%)− $46,566
Net proceeds$729,536
Net profit $-82,957
Photo triage & rehab band

Condition triage

Library estimate

No contractor assessment on file for this listing.

ML baseline rehab: $91,969

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: $91,969
Kitchen — Full Replacement $48,000
Bathroom — Full Renovation $18,000
Interior Paint (1,863 sqft × $3.00) $5,589
Flooring — Hardwood Refinish (1,863 sqft × $4.50) $8,384
Contingency (15%) $11,996

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
4/100
35% weight
hidden repair risk
100/100
25% weight
neighborhood trajectory
60/100
25% weight
condition
50/100
15% weight
Beds
2
Baths
2.5
Sqft
1863
Zip
28203

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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