Bid Check with my reno → — your rehab, stressed Bid $
Street locked · 75216 | $230,000 Flip Analysis — FlipScout
Ask
$230,000
$121/sqft
Bid $
$124,517
Max bid / MAO
Room
~$105,483 over max bid · 46% of ask
vs max bid
Verdict
WALK
Pass at list
Rehab
$92,253
$49/sqft
ARV
$284,535

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 $ $124,517 · Ask $230,000

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 sqft1896 sqft
ARV$284,535
List− $230,000
Rehab− $92,253
Gross profit$-37,718

Contextual market baseline

Sold comps for neighborhood context — not the ARV formula · 3 sales · last 6 mo · zip 75216

Street locked · 75216 · SINGLE_FAMILY $319,900 · 1894 sqft
Street locked · 75216 · SINGLE_FAMILY $244,900 · 1800 sqft
Street locked · 75216 · SINGLE_FAMILY $380,000 · 2010 sqft

Net pro forma

Includes closing costs & 3.54-month carry

Buy closing (2%)$4,600
Holding carry$10,457
All-in capital$337,310
Sell costs (6%)− $17,072
Net proceeds$267,463
Net profit $-76,795
Photo triage & rehab band

Condition triage

Library estimate

No contractor assessment on file for this listing.

ML baseline rehab: $92,253

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: $92,253
Kitchen — Full Replacement $48,000
Bathroom — Full Renovation $18,000
Interior Paint (1,896 sqft × $3.00) $5,688
Flooring — Hardwood Refinish (1,896 sqft × $4.50) $8,532
Contingency (15%) $12,033

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
1896
Zip
75216

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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