Bid Check with my reno → — your rehab, stressed Bid $
Street locked · 98122 | $424,000 Flip Analysis — FlipScout
Ask
$424,000
$487/sqft
Bid $
$320,998
Max bid / MAO
Room
~$103,002 over max bid · 24% of ask
vs max bid
Verdict
WALK
Pass at list
Rehab
$83,404
$96/sqft
ARV
$423,773

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 $ $320,998 · Ask $424,000

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 sqft870 sqft
ARV$423,773
List− $424,000
Rehab− $83,404
Gross profit$-83,631

Contextual market baseline

Sold comps for neighborhood context — not the ARV formula · 3 sales · last 6 mo · zip 98122

Street locked · 98122 · CONDOS $520,000 · 735 sqft
Street locked · 98122 · TOWNHOMES $695,000 · 1008 sqft
Street locked · 98122 · TOWNHOMES $650,000 · 1087 sqft

Net pro forma

Includes closing costs & 3.35-month carry

Buy closing (2%)$8,480
Holding carry$15,582
All-in capital$531,466
Sell costs (6%)− $25,426
Net proceeds$398,346
Net profit $-44,655
Photo triage & rehab band

Condition triage

FlipScout AI Inspector ·

No contractor assessment on file for this listing.

Rehab: $83,404

Renovation budget

Total: $83,404
Kitchen — Full Replacement $48,000
Bathroom — Full Renovation $18,000
Interior Paint (870 sqft × $3.00) $2,610
Flooring — Hardwood Refinish (870 sqft × $4.50) $3,915
Contingency (15%) $10,879

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
9/100
35% weight
hidden repair risk
100/100
25% weight
neighborhood trajectory
60/100
25% weight
condition
50/100
15% weight
Beds
2
Baths
1.5
Sqft
870
Zip
98122

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