Bid Check with my reno → — your rehab, stressed Bid $
Street locked · 28403 | $210,000 Flip Analysis — FlipScout
Ask
$210,000
$193/sqft
Bid $
$112,657
Max bid / MAO
Room
~$97,343 over max bid · 46% of ask
vs max bid
Verdict
WALK
Pass at list
Rehab
$85,284
$78/sqft
ARV
$283,115

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 $ $112,657 · Ask $210,000

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 sqft1088 sqft
ARV$283,115
List− $210,000
Rehab− $85,284
Gross profit$-12,169

Contextual market baseline

Sold comps for neighborhood context — not the ARV formula · 3 sales · last 6 mo · zip 28403

Street locked · 28403 · SINGLE_FAMILY $352,000 · 1082 sqft
Street locked · 28403 · TOWNHOMES $270,000 · 1056 sqft
Street locked · 28403 · SINGLE_FAMILY $366,000 · 1036 sqft

Net pro forma

Includes closing costs & 6.7-month carry

Buy closing (2%)$4,200
Holding carry$18,135
All-in capital$317,619
Sell costs (6%)− $16,987
Net proceeds$266,128
Net profit $-71,200
Photo triage & rehab band

Condition triage

Library estimate

No contractor assessment on file for this listing.

ML baseline rehab: $85,284

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: $85,284
Kitchen — Full Replacement $48,000
Bathroom — Full Renovation $18,000
Interior Paint (1,088 sqft × $3.00) $3,264
Flooring — Hardwood Refinish (1,088 sqft × $4.50) $4,896
Contingency (15%) $11,124

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
1088
Zip
28403

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

← Bid/Pass Tape