Bid Check with my reno → — your rehab, stressed Bid $
Street locked · 77002 | $339,000 Flip Analysis — FlipScout
Property photo 1 Property photo 2 Property photo 3 Property photo 4 Property photo 5
Ask
$339,000
$328/sqft
Bid $
$233,671
Max bid / MAO
Room
~$105,329 over max bid · 31% of ask
vs max bid
Verdict
WALK
Pass at list
Rehab
$84,827
$82/sqft
ARV
$215,294

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 $ $233,671 · Ask $339,000

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 sqft1035 sqft
ARV$215,294
List− $339,000
Rehab− $84,827
Gross profit$-208,533

Contextual market baseline

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

Street locked · 77002 · CONDOS $260,000 · 1035 sqft
Street locked · 77002 · CONDOS $354,950 · 1001 sqft
Street locked · 77002 · CONDOS $195,000 · 1072 sqft

Net pro forma

Includes closing costs & 8.44-month carry

Buy closing (2%)$6,780
Holding carry$32,790
All-in capital$463,397
Sell costs (6%)− $12,918
Net proceeds$202,377
Net profit $-60,611
Photo triage & rehab band

Condition triage

Library estimate

No contractor assessment on file for this listing.

ML baseline rehab: $84,827

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: $84,827
Kitchen — Full Replacement $48,000
Bathroom — Full Renovation $18,000
Interior Paint (1,035 sqft × $3.00) $3,105
Flooring — Hardwood Refinish (1,035 sqft × $4.50) $4,658
Contingency (15%) $11,064

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
1035
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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