Oct '25 • Deal Hub
🚨Deal Breakdown: Springfield, MA
Just analyzed a new auction deal this week that’s a perfect example of how solid spreads still exist if you know where to look 👀
📍 Property Details
🏠 3 Bedrooms / 1 Bathroom
📏 1,300 sq ft
🛠 Light-to-moderate rehab — mostly cosmetic upgrades
📍 Located in Springfield, MA — a steady rental + flip market with strong buyer demand
📊 The Numbers
💰 Projected Max Bid (Purchase Price): $120,000
🧰 Rehab Budget: $45,000
📄 Closing + Holding Costs: ~$36,000
💸 Total Project Cost: ≈ $201,000
📈 After Repair Value (ARV): $237,000–$287,000 (based on comps nearby)
💵 Projected Profit: $36K–$86K
📊 ROI: 18%–43% depending on sale price
💬 Why This Deal Stands Out
✅ Even at a $120K max bid, the numbers still work — strong spread and ROI
✅ Cosmetic rehab = faster turnaround and lower risk
✅ Located in a consistent, affordable market (Springfield’s great for entry-level flips)
✅ Great example of how to use comps and ROI % to back into your maximum bid number
🧠 How You Can Find Similar Deals
2️⃣ Pull 2–3 recent comps within 0.5–1 mile that match bed/bath count and square footage.
3️⃣ Run the math using your target ROI (I like 25–30%) to see your max allowable bid.
4️⃣ Always add your holding + closing costs — that’s where beginners under budget.
🚀 Want Hands-On Help Analyzing or Bidding on Deals Like This? schedule a call for my 1 on 1 program, where we walk through live deal breakdowns like this together and help you build your own auction investing system from scratch.
Drop a comment if you’d bid on this one — what’s the highest number you’d feel comfortable going to while still keeping a solid margin? 👇
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🚨Deal Breakdown: Springfield, MA
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