Bid Check with my reno → — your rehab, stressed Bid $
Street locked · 75228 | $475,000 Flip Analysis — FlipScout
Ask
$475,000
$206/sqft
Bid $
$350,048
Max bid / MAO
Room
~$124,952 over max bid · 26% of ask
vs max bid
Verdict
WALK
Pass at list
Rehab
$95,772
$42/sqft
ARV
$424,267

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 $ $350,048 · Ask $475,000

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 sqft2304 sqft
ARV$424,267
List− $475,000
Rehab− $95,772
Gross profit$-146,505

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 · TOWNHOMES $379,999 · 1975 sqft
Street locked · 75228 · SINGLE_FAMILY $429,900 · 1824 sqft

Net pro forma

Includes closing costs & 4.52-month carry

Buy closing (2%)$9,500
Holding carry$23,649
All-in capital$603,921
Sell costs (6%)− $25,456
Net proceeds$398,811
Net profit $-61,195
Photo triage & rehab band

Condition triage

Library estimate

No contractor assessment on file for this listing.

ML baseline rehab: $95,772

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: $95,772
Kitchen — Full Replacement $48,000
Bathroom — Full Renovation $18,000
Interior Paint (2,304 sqft × $3.00) $6,912
Flooring — Hardwood Refinish (2,304 sqft × $4.50) $10,368
Contingency (15%) $12,492

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
4
Baths
4.0
Sqft
2304
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.

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