Bid Check with my reno → — your rehab, stressed Bid $
Street locked · 08837 | $510,000 Flip Analysis — FlipScout
Property photo 1 Property photo 2 Property photo 3 Property photo 4 Property photo 5
Ask
$510,000
$370/sqft
Bid $
$381,364
Max bid / MAO
Room
~$128,636 over max bid · 25% of ask
vs max bid
Verdict
WALK
Pass at list
Rehab
$71,415
$52/sqft
ARV
$485,391

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 $ $381,364 · Ask $510,000

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.

Go Pro $15/mo MAO calculator
Flip math

Value-add ARV

ARV = adjusted list + (rehab × 1.5) · zip avm

Implied ARV $/sqft
Subject sqft1380 sqft
ARV$485,391
List− $510,000
Rehab− $71,415
Gross profit$-96,024

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%)$10,200
Holding carry$21,425
All-in capital$613,040
Sell costs (6%)− $29,123
Net proceeds$456,267
Net profit $-63,888
Photo triage & rehab band

Condition triage

FlipScout AI Inspector ·

Exterior envelope (siding, windows, roof) appears structurally sound and well-maintained, indicating no major structural or exterior repairs needed. However, the architectural style suggests an early 2000s build, implying dated interiors typical of a cosmetic flip (kitchen/bath updates, fresh paint). Landscaping is sparse and dormant, requiring basic curb appeal work.

Rehab: $71,415

Renovation budget

Total: $71,415
Cosmetic rehab band (1,380 sqft × $45/sqft) $62,100
Contingency (15%) $9,315

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
4/100
35% weight
hidden repair risk
100/100
25% weight
neighborhood trajectory
20/100
25% weight
condition
60/100
15% weight
Beds
3
Baths
2.0
Sqft
1380
Zip
08837

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