Bid Check with my reno → — your rehab, stressed Bid $
Street locked · 28601 | $634,900 Flip Analysis — FlipScout
Ask
$634,900
$212/sqft
Bid $
$493,668
Max bid / MAO
Room
~$141,232 over max bid · 22% of ask
vs max bid
Verdict
WALK
Pass at list
Rehab
$101,714
$34/sqft
ARV
$478,652

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 $ $493,668 · Ask $634,900

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 sqft2993 sqft
ARV$478,652
List− $634,900
Rehab− $101,714
Gross profit$-257,962

Contextual market baseline

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

Street locked · 28601 · SINGLE_FAMILY $478,000 · 2844 sqft
Street locked · 28601 · SINGLE_FAMILY $410,000 · 2756 sqft
Street locked · 28601 · SINGLE_FAMILY $232,000 · 2744 sqft

Net pro forma

Includes closing costs & 4.12-month carry

Buy closing (2%)$12,698
Holding carry$27,819
All-in capital$777,131
Sell costs (6%)− $28,719
Net proceeds$449,933
Net profit $-54,760
Photo triage & rehab band

Condition triage

Library estimate

No contractor assessment on file for this listing.

ML baseline rehab: $101,714

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: $101,714
Kitchen — Full Replacement $48,000
Bathroom — Full Renovation $18,000
Interior Paint (2,993 sqft × $3.00) $8,979
Flooring — Hardwood Refinish (2,993 sqft × $4.50) $13,468
Contingency (15%) $13,267

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
2993
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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