Bid Check with my reno → — your rehab, stressed Bid $
Street locked · 08837 | $689,000 Flip Analysis — FlipScout
Property photo 1 Property photo 2 Property photo 3 Property photo 4 Property photo 5
Ask
$689,000
$489/sqft
Bid $
$511,342
Max bid / MAO
Room
~$177,658 over max bid · 26% of ask
vs max bid
Verdict
WALK
Pass at list
Rehab
$72,864
$52/sqft
ARV
$495,239

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 $ $511,342 · Ask $689,000

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 sqft1408 sqft
ARV$495,239
List− $689,000
Rehab− $72,864
Gross profit$-266,625

Contextual market baseline

Sold comps for neighborhood context — not the ARV formula · 3 sales · last 6 mo · zip 08837

Street locked · 08837 · CONDOS $505,000 · 1380 sqft
Street locked · 08837 · CONDO $386,000 · 1291 sqft
Street locked · 08837 · CONDOS $370,000 · 1248 sqft

Net pro forma

Includes closing costs & 4.02-month carry

Buy closing (2%)$13,780
Holding carry$28,075
All-in capital$803,719
Sell costs (6%)− $29,714
Net proceeds$465,525
Net profit $-94,624
Photo triage & rehab band

Condition triage

FlipScout AI Inspector ·

Exterior shows dated bold blue siding and overgrown landscaping blocking the entry; driveway has significant cracks. While windows appear newer, the garage doors and overall aesthetic suggest a cosmetic update is needed. Interior likely requires standard flip updates (kitchen, bath, floors, paint) consistent with this vintage split-level style.

Rehab: $72,864

Renovation budget

Total: $72,864
Cosmetic rehab band (1,408 sqft × $45/sqft) $63,360
Contingency (15%) $9,504

Rehab from historical Condition Tier $/sqft band × subject sqft — not vision-invented GC quotes. Verify with a licensed contractor before closing.

Neighborhood & Apex

Trajectory: Declining

Edison (08837) signals softer conditions: margins ~4.4%, DOM ~45 days, avg price drops ~0.0. Tighten ARV and rehab assumptions.

Apex breakdown

Threshold 85+ = Apex Hot

profit margin
0/100
35% weight
hidden repair risk
100/100
25% weight
neighborhood trajectory
20/100
25% weight
condition
60/100
15% weight
Beds
4
Baths
3.0
Sqft
1408
Zip
08837

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