Bid Check with my reno → — your rehab, stressed Bid $
Street locked · 98402 | $799,950 Flip Analysis — FlipScout
Ask
$799,950
$255/sqft
Bid $
$609,592
Max bid / MAO
Room
~$190,358 over max bid · 24% of ask
vs max bid
Verdict
WALK
Pass at list
Rehab
$102,948
$33/sqft
ARV
$1,042,610

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 $ $609,592 · Ask $799,950

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 sqft3136 sqft
ARV$1,042,610
List− $799,950
Rehab− $102,948
Gross profit$139,712

Contextual market baseline

Sold comps for neighborhood context — not the ARV formula · 3 sales · last 6 mo · zip 98402

Street locked · 98402 · MULTI_FAMILY $1,199,950 · 3350 sqft
Street locked · 98402 · CONDO $1,125,000 · 2753 sqft
Street locked · 98402 · CONDOS $350,000 · 1901 sqft

Net pro forma

Includes closing costs & 10.93-month carry

Buy closing (2%)$15,999
Holding carry$90,463
All-in capital$1,009,360
Sell costs (6%)− $62,557
Net proceeds$980,054
Net profit $-87,849
Photo triage & rehab band

Condition triage

Library estimate

No contractor assessment on file for this listing.

ML baseline rehab: $102,948

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: $102,948
Kitchen — Full Replacement $48,000
Bathroom — Full Renovation $18,000
Interior Paint (3,136 sqft × $3.00) $9,408
Flooring — Hardwood Refinish (3,136 sqft × $4.50) $14,112
Contingency (15%) $13,428

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
4/100
35% weight
hidden repair risk
100/100
25% weight
neighborhood trajectory
60/100
25% weight
condition
50/100
15% weight
Beds
5
Baths
None
Sqft
3136
Zip
98402

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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