Bid Check with my reno → — your rehab, stressed Bid $
Street locked · 49507 | $334,900 Flip Analysis — FlipScout
Ask
$334,900
$224/sqft
Bid $
$225,924
Max bid / MAO
Room
~$108,976 over max bid · 33% of ask
vs max bid
Verdict
WALK
Pass at list
Rehab
$88,820
$59/sqft
ARV
$232,750

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 $ $225,924 · Ask $334,900

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 sqft1498 sqft
ARV$232,750
List− $334,900
Rehab− $88,820
Gross profit$-190,970

Contextual market baseline

Sold comps for neighborhood context — not the ARV formula · 3 sales · last 6 mo · zip 49507

Street locked · 49507 · SINGLE_FAMILY $305,000 · 1507 sqft
Street locked · 49507 · SINGLE_FAMILY $195,000 · 1483 sqft
Street locked · 49507 · SINGLE_FAMILY $263,573 · 1447 sqft

Net pro forma

Includes closing costs & 2.8-month carry

Buy closing (2%)$6,698
Holding carry$10,875
All-in capital$441,293
Sell costs (6%)− $13,965
Net proceeds$218,785
Net profit $-65,037
Photo triage & rehab band

Condition triage

Library estimate

No contractor assessment on file for this listing.

ML baseline rehab: $88,820

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: $88,820
Kitchen — Full Replacement $48,000
Bathroom — Full Renovation $18,000
Interior Paint (1,498 sqft × $3.00) $4,494
Flooring — Hardwood Refinish (1,498 sqft × $4.50) $6,741
Contingency (15%) $11,585

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
2.0
Sqft
1498
Zip
49507

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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