Bid Check with my reno → — your rehab, stressed Bid $
Street locked · 27101 | $299,900 Flip Analysis — FlipScout
Ask
$299,900
$288/sqft
Bid $
$197,077
Max bid / MAO
Room
~$102,823 over max bid · 34% of ask
vs max bid
Verdict
WALK
Pass at list
Rehab
$84,878
$82/sqft
ARV
$156,060

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 $ $197,077 · Ask $299,900

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.

Flip math

Value-add ARV

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

Implied ARV $/sqft
Subject sqft1041 sqft
ARV$156,060
List− $299,900
Rehab− $84,878
Gross profit$-228,718

Contextual market baseline

Sold comps for neighborhood context — not the ARV formula · 3 sales · last 6 mo · zip 27101

Street locked · 27101 · CONDOS $265,000 · 1037 sqft
Street locked · 27101 · SINGLE_FAMILY $127,500 · 1056 sqft
Street locked · 27101 · SINGLE_FAMILY $140,000 · 1120 sqft

Net pro forma

Includes closing costs & 7.35-month carry

Buy closing (2%)$5,998
Holding carry$25,924
All-in capital$416,700
Sell costs (6%)− $9,364
Net proceeds$146,697
Net profit $-63,730
Photo triage & rehab band

Condition triage

Library estimate

No contractor assessment on file for this listing.

ML baseline rehab: $84,878

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: $84,878
Kitchen — Full Replacement $48,000
Bathroom — Full Renovation $18,000
Interior Paint (1,041 sqft × $3.00) $3,123
Flooring — Hardwood Refinish (1,041 sqft × $4.50) $4,684
Contingency (15%) $11,071

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
2
Baths
2.0
Sqft
1041
Zip
27101

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

← Bid/Pass Tape