Bid Check with my reno → — your rehab, stressed Bid $
Street locked · 27601 | $969,000 Flip Analysis — FlipScout
Property photo 1 Property photo 2 Property photo 3 Property photo 4 Property photo 5
Ask
$969,000
$386/sqft
Bid $
$733,304
Max bid / MAO
Room
~$235,696 over max bid · 24% of ask
vs max bid
Verdict
WALK
Pass at list
Rehab
$97,574
$39/sqft
ARV
$798,719

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 $ $733,304 · Ask $969,000

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.

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Flip math

Value-add ARV

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

Implied ARV $/sqft
Subject sqft2513 sqft
ARV$798,719
List− $969,000
Rehab− $97,574
Gross profit$-267,855

Contextual market baseline

Sold comps for neighborhood context — not the ARV formula · 3 sales · last 6 mo · zip 27601

Street locked · 27601 · CONDOS $460,000 · 2524 sqft
Street locked · 27601 · MULTI_FAMILY $642,000 · 2616 sqft
Street locked · 27601 · CONDOS $1,300,000 · 2826 sqft

Net pro forma

Includes closing costs & 5.77-month carry

Buy closing (2%)$19,380
Holding carry$56,413
All-in capital$1,142,367
Sell costs (6%)− $47,923
Net proceeds$750,796
Net profit $-116,758
Photo triage & rehab band

Condition triage

Library estimate

No contractor assessment on file for this listing.

ML baseline rehab: $97,574

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: $97,574
Kitchen — Full Replacement $48,000
Bathroom — Full Renovation $18,000
Interior Paint (2,513 sqft × $3.00) $7,539
Flooring — Hardwood Refinish (2,513 sqft × $4.50) $11,308
Contingency (15%) $12,727

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
1/100
35% weight
hidden repair risk
100/100
25% weight
neighborhood trajectory
60/100
25% weight
condition
50/100
15% weight
Beds
6
Baths
4.0
Sqft
2513
Zip
27601

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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