Bid Check with my reno → — your rehab, stressed Bid $
Street locked · 28202 | $290,000 Flip Analysis — FlipScout
Property photo 1 Property photo 2 Property photo 3 Property photo 4 Property photo 5
Ask
$290,000
$374/sqft
Bid $
$190,073
Max bid / MAO
Room
~$99,927 over max bid · 34% of ask
vs max bid
Verdict
WALK
Pass at list
Rehab
$82,585
$107/sqft
ARV
$252,798

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 $ $190,073 · Ask $290,000

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 sqft775 sqft
ARV$252,798
List− $290,000
Rehab− $82,585
Gross profit$-119,787

Contextual market baseline

Sold comps for neighborhood context — not the ARV formula · 3 sales · last 6 mo · zip 28202

Street locked · 28202 · CONDOS $343,500 · 767 sqft
Street locked · 28202 · CONDOS $360,000 · 758 sqft
Street locked · 28202 · CONDOS $375,000 · 811 sqft

Net pro forma

Includes closing costs & 8.01-month carry

Buy closing (2%)$5,800
Holding carry$27,357
All-in capital$405,742
Sell costs (6%)− $15,168
Net proceeds$237,630
Net profit $-62,150
Photo triage & rehab band

Condition triage

Library estimate

No contractor assessment on file for this listing.

ML baseline rehab: $82,585

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: $82,585
Kitchen — Full Replacement $48,000
Bathroom — Full Renovation $18,000
Interior Paint (775 sqft × $3.00) $2,325
Flooring — Hardwood Refinish (775 sqft × $4.50) $3,488
Contingency (15%) $10,772

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
1
Baths
1.0
Sqft
775
Zip
28202

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 · 28202

Street locked · 28202

Charlotte, NC 28202

Ask$360,000
Bid $$247,607
Room~$112,393 over max bid · 31% of ask
WALK Street locked · 28202

Street locked · 28202

Charlotte, NC 28202

Ask$355,000
Bid $$248,109
Room~$106,891 over max bid · 30% of ask
WALK Street locked · 28202

Street locked · 28202

Charlotte, NC 28202

Ask$554,000
Bid $$433,522
Room~$120,478 over max bid · 22% of ask
WALK Street locked · 28202

Street locked · 28202

Charlotte, NC 28202

Ask$499,000
Bid $$380,401
Room~$118,599 over max bid · 24% of ask
WALK Street locked · 28202

Street locked · 28202

Charlotte, NC 28202

Ask$358,000
Bid $$254,438
Room~$103,562 over max bid · 29% of ask
← Bid/Pass Tape