Bid Check with my reno → — your rehab, stressed Bid $
Street locked · 89502 | $262,000 Flip Analysis — FlipScout
Property photo 1 Property photo 2 Property photo 3 Property photo 4 Property photo 5
Ask
$262,000
$349/sqft
Bid $
$222,528
Max bid / MAO
Room
~$39,472 over max bid · 15% of ask
vs max bid
Verdict
BID TARGET
Negotiate to $222,528
Rehab
$18,750
$25/sqft
ARV
$315,761

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 $ $222,528 · Ask $262,000

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 sqft750 sqft
ARV$315,761
List− $262,000
Rehab− $18,750
Gross profit$35,011

Contextual market baseline

Sold comps for neighborhood context — not the ARV formula · 3 sales · last 6 mo · zip 89502

Street locked · 89502 · CONDOS $232,000 · 805 sqft
Street locked · 89502 · CONDO $1,020,000 · 644 sqft
Street locked · 89502 · CONDO $1,020,000 · 644 sqft

Net pro forma

Includes closing costs & 2.8-month carry

Buy closing (2%)$5,240
Holding carry$6,725
All-in capital$292,715
Sell costs (6%)− $18,946
Net proceeds$296,816
Net profit $-3,497
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: $18,750
Renovation Budget (estimated) $18,750

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
2.0
Sqft
750
Zip
89502

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 · 89502

Street locked · 89502

Reno, NV 89502

Ask$419,000
Bid $$308,365
Room~$110,635 over max bid · 26% of ask
WALK Street locked · 89502

Street locked · 89502

Reno, NV 89502

Ask$259,000
Bid $$158,910
Room~$100,090 over max bid · 39% of ask
WALK Street locked · 89502

Street locked · 89502

Reno, NV 89502

Ask$675,000
Bid $$536,100
Room~$138,900 over max bid · 21% of ask
WALK Street locked · 89502

Street locked · 89502

Reno, NV 89502

Ask$330,000
Bid $$223,696
Room~$106,304 over max bid · 32% of ask
WALK Street locked · 89502

Street locked · 89502

Reno, NV 89502

Ask$285,000
Bid $$185,611
Room~$99,389 over max bid · 35% of ask
← Bid/Pass Tape