Bid Check with my reno → — your rehab, stressed Bid $
Street locked · 98604 | $634,800 Flip Analysis — FlipScout
Ask
$634,800
$343/sqft
Bid $
$499,934
Max bid / MAO
Room
~$134,866 over max bid · 21% of ask
vs max bid
Verdict
WALK
Pass at list
Rehab
$91,874
$50/sqft
ARV
$445,605

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 $ $499,934 · Ask $634,800

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 sqft1852 sqft
ARV$445,605
List− $634,800
Rehab− $91,874
Gross profit$-281,069

Contextual market baseline

Sold comps for neighborhood context — not the ARV formula · 3 sales · last 6 mo · zip 98604

Street locked · 98604 · SINGLE_FAMILY $617,700 · 1841 sqft
Street locked · 98604 · SINGLE_FAMILY $565,000 · 1808 sqft
Street locked · 98604 · SINGLE_FAMILY $445,000 · 1754 sqft

Net pro forma

Includes closing costs & 3.1-month carry

Buy closing (2%)$12,696
Holding carry$20,650
All-in capital$760,020
Sell costs (6%)− $26,736
Net proceeds$418,869
Net profit $-48,617
Photo triage & rehab band

Condition triage

Library estimate

No contractor assessment on file for this listing.

ML baseline rehab: $91,874

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: $91,874
Kitchen — Full Replacement $48,000
Bathroom — Full Renovation $18,000
Interior Paint (1,852 sqft × $3.00) $5,556
Flooring — Hardwood Refinish (1,852 sqft × $4.50) $8,334
Contingency (15%) $11,984

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
14/100
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
1852
Zip
98604

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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