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Street locked · 60120 | $248,000 Flip Analysis — FlipScout
Property photo 1 Property photo 2 Property photo 3 Property photo 4 Property photo 5
Ask
$248,000
$183/sqft
Bid $
$145,940
Max bid / MAO
Room
~$102,060 over max bid · 41% of ask
vs max bid
Verdict
WALK
Pass at list
Rehab
$87,561
$65/sqft
ARV
$270,623

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 $ $145,940 · Ask $248,000

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 sqft1352 sqft
ARV$270,623
List− $248,000
Rehab− $87,561
Gross profit$-64,938

Contextual market baseline

Sold comps for neighborhood context — not the ARV formula · 3 sales · last 6 mo · zip 60120

Street locked · 60120 · SINGLE_FAMILY $233,000 · 1352 sqft
Street locked · 60120 · CONDOS $212,000 · 1350 sqft
Street locked · 60120 · SINGLE_FAMILY $164,000 · 1349 sqft

Net pro forma

Includes closing costs & 5.65-month carry

Buy closing (2%)$4,960
Holding carry$17,379
All-in capital$357,900
Sell costs (6%)− $16,237
Net proceeds$254,386
Net profit $-70,560
Photo triage & rehab band

Condition triage

Library estimate

No contractor assessment on file for this listing.

ML baseline rehab: $87,561

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: $87,561
Kitchen — Full Replacement $48,000
Bathroom — Full Renovation $18,000
Interior Paint (1,352 sqft × $3.00) $4,056
Flooring — Hardwood Refinish (1,352 sqft × $4.50) $6,084
Contingency (15%) $11,421

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
1352
Zip
60120

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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