Fix and flip

What should you offer on a flip?

Send the address with city, state and ZIP, the asking price, and what it needs (or photos). Mike returns value, a rehab estimate, ARV and the 70%-rule max offer.

Example ARV used: $300,000 (your number) Rehab: $40,000 (your number) Max offer (70% rule): $170,000 = 70% × ARV − rehab
Check a flip with Mike

Your first three questions need no account, and your first photo card is free. Start free, no card.

The math

Max offer = 70% of the after-repair value minus rehab. The 30% covers holding, selling costs and profit.

Rehab estimate

Without your number, rehab uses rules of thumb by scope: cosmetic $15–25, moderate $30–50 and full gut $60–100 per square foot, plus named items like a roof. It is not a contractor bid.

FAQ

Where does the value come from?

RentCast estimates from comparable listings. It is not an appraisal; verify with recorded sales.

How much does Mike AI cost?

Free to try. 7 days free with no card, then $9.99 a month, or $19.99 a month for Plus. Cancel anytime.

Check a flip with Mike

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