Bid Check with my reno → — your rehab, stressed Bid $
Street locked · 08837 | $255,000 Flip Analysis — FlipScout
Property photo 1 Property photo 2 Property photo 3 Property photo 4 Property photo 5
Ask
$255,000
$391/sqft
Bid $
$190,368
Max bid / MAO
Room
~$64,632 over max bid · 25% of ask
vs max bid
Verdict
WALK
Pass at list
Rehab
$33,793
$52/sqft
ARV
$229,681

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 $ $190,368 · Ask $255,000

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 sqft653 sqft
ARV$229,681
List− $255,000
Rehab− $33,793
Gross profit$-59,112

Contextual market baseline

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

Street locked · 08837 · CONDOS $255,000 · 653 sqft
Street locked · 08837 · CONDOS $230,000 · 576 sqft
Street locked · 08837 · CONDOS $250,000 · 812 sqft

Net pro forma

Includes closing costs & 4.41-month carry

Buy closing (2%)$5,100
Holding carry$11,674
All-in capital$305,567
Sell costs (6%)− $13,781
Net proceeds$215,900
Net profit $-32,618
Photo triage & rehab band

Condition triage

FlipScout AI Inspector ·

Photo depicts entrance to a 55+ historic condo complex. Foreground landscaping is weedy and patchy. While exterior structural work is likely HOA-managed, units in older 'historic' communities typically feature dated interiors requiring full kitchen and bath updates, plus fresh paint, to maximize resale value.

Rehab: $33,793

Renovation budget

Total: $33,793
Cosmetic rehab band (653 sqft × $45/sqft) $29,385
Contingency (15%) $4,408

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
3/100
35% weight
hidden repair risk
100/100
25% weight
neighborhood trajectory
20/100
25% weight
condition
50/100
15% weight
Beds
1
Baths
1.0
Sqft
653
Zip
08837

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