Bid Check with my reno → — your rehab, stressed Bid $
Street locked · 75228 | $428,450 Flip Analysis — FlipScout
Ask
$428,450
$217/sqft
Bid $
$309,323
Max bid / MAO
Room
~$119,127 over max bid · 28% of ask
vs max bid
Verdict
WALK
Pass at list
Rehab
$92,935
$47/sqft
ARV
$366,985

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 $ $309,323 · Ask $428,450

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 sqft1975 sqft
ARV$366,985
List− $428,450
Rehab− $92,935
Gross profit$-154,400

Contextual market baseline

Sold comps for neighborhood context — not the ARV formula · 3 sales · last 6 mo · zip 75228

Street locked · 75228 · SINGLE_FAMILY $435,000 · 1975 sqft
Street locked · 75228 · SINGLE_FAMILY $429,900 · 1824 sqft
Street locked · 75228 · SINGLE_FAMILY $380,000 · 1820 sqft

Net pro forma

Includes closing costs & 3.53-month carry

Buy closing (2%)$8,569
Holding carry$16,871
All-in capital$546,825
Sell costs (6%)− $22,019
Net proceeds$344,966
Net profit $-61,930
Photo triage & rehab band

Condition triage

Library estimate

No contractor assessment on file for this listing.

ML baseline rehab: $92,935

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: $92,935
Kitchen — Full Replacement $48,000
Bathroom — Full Renovation $18,000
Interior Paint (1,975 sqft × $3.00) $5,925
Flooring — Hardwood Refinish (1,975 sqft × $4.50) $8,888
Contingency (15%) $12,122

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
3.0
Sqft
1975
Zip
75228

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

← Bid/Pass Tape