Bid Check with my reno → — your rehab, stressed Bid $
Street locked · 06516 | $339,900 Flip Analysis — FlipScout
Ask
$339,900
$248/sqft
Bid $
$231,671
Max bid / MAO
Room
~$108,229 over max bid · 32% of ask
vs max bid
Verdict
WALK
Pass at list
Rehab
$87,725
$64/sqft
ARV
$280,148

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 $ $231,671 · Ask $339,900

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 sqft1371 sqft
ARV$280,148
List− $339,900
Rehab− $87,725
Gross profit$-147,477

Contextual market baseline

Sold comps for neighborhood context — not the ARV formula · 3 sales · last 6 mo · zip 06516

Street locked · 06516 · SINGLE_FAMILY $380,000 · 1344 sqft
Street locked · 06516 · SINGLE_FAMILY $464,995 · 1326 sqft
Street locked · 06516 · SINGLE_FAMILY $267,000 · 1208 sqft

Net pro forma

Includes closing costs & 2.77-month carry

Buy closing (2%)$6,798
Holding carry$10,858
All-in capital$445,281
Sell costs (6%)− $16,809
Net proceeds$263,340
Net profit $-63,520
Photo triage & rehab band

Condition triage

Library estimate

No contractor assessment on file for this listing.

ML baseline rehab: $87,725

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: $87,725
Kitchen — Full Replacement $48,000
Bathroom — Full Renovation $18,000
Interior Paint (1,371 sqft × $3.00) $4,113
Flooring — Hardwood Refinish (1,371 sqft × $4.50) $6,170
Contingency (15%) $11,442

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
1.0
Sqft
1371
Zip
06516

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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