Bid Check with my reno → — your rehab, stressed Bid $
Street locked · 06516 | $429,900 Flip Analysis — FlipScout
Ask
$429,900
$239/sqft
Bid $
$312,193
Max bid / MAO
Room
~$117,707 over max bid · 27% of ask
vs max bid
Verdict
WALK
Pass at list
Rehab
$91,390
$51/sqft
ARV
$365,594

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 $ $312,193 · Ask $429,900

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 sqft1796 sqft
ARV$365,594
List− $429,900
Rehab− $91,390
Gross profit$-155,696

Contextual market baseline

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

Street locked · 06516 · SINGLE_FAMILY $379,900 · 1784 sqft
Street locked · 06516 · SINGLE_FAMILY $432,000 · 1812 sqft
Street locked · 06516 · CONDOS $480,000 · 1822 sqft

Net pro forma

Includes closing costs & 3.59-month carry

Buy closing (2%)$8,598
Holding carry$17,155
All-in capital$547,043
Sell costs (6%)− $21,936
Net proceeds$343,658
Net profit $-60,228
Photo triage & rehab band

Condition triage

Library estimate

No contractor assessment on file for this listing.

ML baseline rehab: $91,390

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: $91,390
Kitchen — Full Replacement $48,000
Bathroom — Full Renovation $18,000
Interior Paint (1,796 sqft × $3.00) $5,388
Flooring — Hardwood Refinish (1,796 sqft × $4.50) $8,082
Contingency (15%) $11,920

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
2.0
Sqft
1796
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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