Bid Check with my reno → — your rehab, stressed Bid $
Street locked · 99205 | $400,000 Flip Analysis — FlipScout
Property photo 1 Property photo 2 Property photo 3 Property photo 4 Property photo 5
Ask
$400,000
$180/sqft
Bid $
$280,595
Max bid / MAO
Room
~$119,405 over max bid · 30% of ask
vs max bid
Verdict
WALK
Pass at list
Rehab
$95,116
$43/sqft
ARV
$410,194

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 $ $280,595 · Ask $400,000

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.

Go Pro $15/mo MAO calculator
Flip math

Value-add ARV

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

Implied ARV $/sqft
Subject sqft2228 sqft
ARV$410,194
List− $400,000
Rehab− $95,116
Gross profit$-84,922

Contextual market baseline

Sold comps for neighborhood context — not the ARV formula · 3 sales · last 6 mo · zip 99205

Street locked · 99205 · SINGLE_FAMILY $405,000 · 2228 sqft
Street locked · 99205 · SINGLE_FAMILY $390,000 · 2241 sqft
Street locked · 99205 · SINGLE_FAMILY $357,000 · 2444 sqft

Net pro forma

Includes closing costs & 3.49-month carry

Buy closing (2%)$8,000
Holding carry$15,840
All-in capital$518,956
Sell costs (6%)− $24,612
Net proceeds$385,583
Net profit $-66,403
Photo triage & rehab band

Condition triage

Library estimate

No contractor assessment on file for this listing.

ML baseline rehab: $95,116

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: $95,116
Kitchen — Full Replacement $48,000
Bathroom — Full Renovation $18,000
Interior Paint (2,228 sqft × $3.00) $6,684
Flooring — Hardwood Refinish (2,228 sqft × $4.50) $10,026
Contingency (15%) $12,406

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
4
Baths
3.0
Sqft
2228
Zip
99205

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

WALK Street locked · 99205

Street locked · 99205

Spokane, WA 99205

Ask$290,000
Bid $$185,236
Room~$104,764 over max bid · 36% of ask
WALK Street locked · 99205

Street locked · 99205

Spokane, WA 99205

Ask$389,000
Bid $$269,840
Room~$119,160 over max bid · 31% of ask
WALK Street locked · 99205

Street locked · 99205

Spokane, WA 99205

Ask$489,000
Bid $$355,556
Room~$133,444 over max bid · 27% of ask
WALK Street locked · 99205

Street locked · 99205

Spokane, WA 99205

Ask$350,000
Bid $$238,413
Room~$111,587 over max bid · 32% of ask
WALK Street locked · 99205

Street locked · 99205

Spokane, WA 99205

Ask$350,000
Bid $$236,020
Room~$113,980 over max bid · 33% of ask
← Bid/Pass Tape