Bid Check with my reno → — your rehab, stressed Bid $
Street locked · 77002 | $214,000 Flip Analysis — FlipScout
Property photo 1 Property photo 2 Property photo 3 Property photo 4 Property photo 5
Ask
$214,000
$223/sqft
Bid $
$117,470
Max bid / MAO
Room
~$96,530 over max bid · 45% of ask
vs max bid
Verdict
WALK
Pass at list
Rehab
$84,188
$88/sqft
ARV
$199,901

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 $ $117,470 · Ask $214,000

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.

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Flip math

Value-add ARV

ARV = adjusted list + (rehab × 1.5) · zip avm

Implied ARV $/sqft
Subject sqft961 sqft
ARV$199,901
List− $214,000
Rehab− $84,188
Gross profit$-98,287

Contextual market baseline

Sold comps for neighborhood context — not the ARV formula · 3 sales · last 6 mo · zip 77002

Street locked · 77002 · CONDOS $320,000 · 975 sqft
Street locked · 77002 · CONDOS $228,500 · 993 sqft
Street locked · 77002 · CONDOS $214,990 · 928 sqft

Net pro forma

Includes closing costs & 5.23-month carry

Buy closing (2%)$4,280
Holding carry$14,296
All-in capital$316,764
Sell costs (6%)− $11,994
Net proceeds$187,907
Net profit $-69,759
Photo triage & rehab band

Condition triage

Library estimate

No contractor assessment on file for this listing.

ML baseline rehab: $84,188

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: $84,188
Kitchen — Full Replacement $48,000
Bathroom — Full Renovation $18,000
Interior Paint (961 sqft × $3.00) $2,883
Flooring — Hardwood Refinish (961 sqft × $4.50) $4,324
Contingency (15%) $10,981

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
1
Baths
1.0
Sqft
961
Zip
77002

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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