Bid Check with my reno → — your rehab, stressed Bid $
Street locked · 38654 | $609,900 Flip Analysis — FlipScout
Property photo 1 Property photo 2 Property photo 3 Property photo 4 Property photo 5
Ask
$609,900
$182/sqft
Bid $
$467,232
Max bid / MAO
Room
~$142,668 over max bid · 23% of ask
vs max bid
Verdict
WALK
Pass at list
Rehab
$104,846
$31/sqft
ARV
$470,427

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 $ $467,232 · Ask $609,900

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.

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Flip math

Value-add ARV

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

Implied ARV $/sqft
Subject sqft3356 sqft
ARV$470,427
List− $609,900
Rehab− $104,846
Gross profit$-244,319

Contextual market baseline

Sold comps for neighborhood context — not the ARV formula · 3 sales · last 6 mo · zip 38654

Street locked · 38654 · SINGLE_FAMILY $599,000 · 3350 sqft
Street locked · 38654 · SINGLE_FAMILY $378,000 · 3416 sqft
Street locked · 38654 · SINGLE_FAMILY $475,000 · 3000 sqft

Net pro forma

Includes closing costs & 6.08-month carry

Buy closing (2%)$12,198
Holding carry$39,835
All-in capital$766,779
Sell costs (6%)− $28,226
Net proceeds$442,202
Net profit $-59,941
Photo triage & rehab band

Condition triage

Library estimate

No contractor assessment on file for this listing.

ML baseline rehab: $104,846

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: $104,846
Kitchen — Full Replacement $48,000
Bathroom — Full Renovation $18,000
Interior Paint (3,356 sqft × $3.00) $10,068
Flooring — Hardwood Refinish (3,356 sqft × $4.50) $15,102
Contingency (15%) $13,676

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
5
Baths
3.0
Sqft
3356
Zip
38654

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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