Bid Check with my reno → — your rehab, stressed Bid $
Street locked · 28601 | $260,000 Flip Analysis — FlipScout
Ask
$260,000
$161/sqft
Bid $
$154,907
Max bid / MAO
Room
~$105,093 over max bid · 40% of ask
vs max bid
Verdict
WALK
Pass at list
Rehab
$89,855
$56/sqft
ARV
$256,067

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 $ $154,907 · Ask $260,000

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 sqft1618 sqft
ARV$256,067
List− $260,000
Rehab− $89,855
Gross profit$-93,788

Contextual market baseline

Sold comps for neighborhood context — not the ARV formula · 3 sales · last 6 mo · zip 28601

Street locked · 28601 · SINGLE_FAMILY $400,000 · 1738 sqft
Street locked · 28601 · SINGLE_FAMILY $286,000 · 1440 sqft
Street locked · 28601 · TOWNHOMES $240,000 · 1432 sqft

Net pro forma

Includes closing costs & 3.68-month carry

Buy closing (2%)$5,200
Holding carry$11,802
All-in capital$366,857
Sell costs (6%)− $15,364
Net proceeds$240,703
Net profit $-71,977
Photo triage & rehab band

Condition triage

Library estimate

No contractor assessment on file for this listing.

ML baseline rehab: $89,855

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: $89,855
Kitchen — Full Replacement $48,000
Bathroom — Full Renovation $18,000
Interior Paint (1,618 sqft × $3.00) $4,854
Flooring — Hardwood Refinish (1,618 sqft × $4.50) $7,281
Contingency (15%) $11,720

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
3
Baths
3.0
Sqft
1618
Zip
28601

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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Same zip or nearby price band — Bid/Pass Tape rows

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