Bid Check with my reno → — your rehab, stressed Bid $
Street locked · 76102 | $699,000 Flip Analysis — FlipScout
Ask
$699,000
$249/sqft
Bid $
$555,174
Max bid / MAO
Room
~$143,826 over max bid · 21% of ask
vs max bid
Verdict
WALK
Pass at list
Rehab
$100,084
$36/sqft
ARV
$816,378

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 $ $555,174 · Ask $699,000

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 sqft2804 sqft
ARV$816,378
List− $699,000
Rehab− $100,084
Gross profit$17,294

Contextual market baseline

Sold comps for neighborhood context — not the ARV formula · 3 sales · last 6 mo · zip 76102

Street locked · 76102 · TOWNHOMES $500,000 · 2723 sqft
Street locked · 76102 · CONDOS $950,000 · 3427 sqft
Street locked · 76102 · CONDOS $700,000 · 2085 sqft

Net pro forma

Includes closing costs & 5.67-month carry

Buy closing (2%)$13,980
Holding carry$41,532
All-in capital$854,596
Sell costs (6%)− $48,983
Net proceeds$767,395
Net profit $-48,057
Photo triage & rehab band

Condition triage

Library estimate

No contractor assessment on file for this listing.

ML baseline rehab: $100,084

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: $100,084
Kitchen — Full Replacement $48,000
Bathroom — Full Renovation $18,000
Interior Paint (2,804 sqft × $3.00) $8,412
Flooring — Hardwood Refinish (2,804 sqft × $4.50) $12,618
Contingency (15%) $13,054

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
4.0
Sqft
2804
Zip
76102

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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