Bid Check with my reno → — your rehab, stressed Bid $
Street locked · 75201 | $1,299,000 Flip Analysis — FlipScout
Ask
$1,299,000
$851/sqft
Bid $
$954,280
Max bid / MAO
Room
~$344,720 over max bid · 27% of ask
vs max bid
Verdict
WALK
Pass at list
Rehab
$89,071
$58/sqft
ARV
$841,425

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 $ $954,280 · Ask $1,299,000

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 sqft1527 sqft
ARV$841,425
List− $1,299,000
Rehab− $89,071
Gross profit$-546,646

Contextual market baseline

Sold comps for neighborhood context — not the ARV formula · 3 sales · last 6 mo · zip 75201

Street locked · 75201 · CONDOS $1,200,000 · 1527 sqft
Street locked · 75201 · CONDOS $499,999 · 1475 sqft
Street locked · 75201 · CONDOS $1,650,000 · 1455 sqft

Net pro forma

Includes closing costs & 3.84-month carry

Buy closing (2%)$25,980
Holding carry$48,860
All-in capital$1,462,911
Sell costs (6%)− $50,485
Net proceeds$790,939
Net profit $-197,631
Photo triage & rehab band

Condition triage

Library estimate

No contractor assessment on file for this listing.

ML baseline rehab: $89,071

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: $89,071
Kitchen — Full Replacement $48,000
Bathroom — Full Renovation $18,000
Interior Paint (1,527 sqft × $3.00) $4,581
Flooring — Hardwood Refinish (1,527 sqft × $4.50) $6,872
Contingency (15%) $11,618

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.

Beds
2
Baths
2.5
Sqft
1527
Zip
75201

Assigns Condition Tier 1–4 from listing photos (gut / heavy / cosmetic / turnkey). Rehab $ comes from historical tier bands — not photo guessing. Usually ~30–90s.

Similar flips

Same zip or nearby price band — Bid/Pass Tape rows

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