Bid Check with my reno → — your rehab, stressed Bid $
Street locked · 08861 | $399,000 Flip Analysis — FlipScout
Ask
$399,000
$300/sqft
Bid $
$287,237
Max bid / MAO
Room
~$111,763 over max bid · 28% of ask
vs max bid
Verdict
WALK
Pass at list
Rehab
$87,388
$66/sqft
ARV
$379,044

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 $ $287,237 · Ask $399,000

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.

Flip math

Value-add ARV

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

Implied ARV $/sqft
Subject sqft1332 sqft
ARV$379,044
List− $399,000
Rehab− $87,388
Gross profit$-107,344

Contextual market baseline

Sold comps for neighborhood context — not the ARV formula · 3 sales · last 6 mo · zip 08861

Street locked · 08861 · SINGLE_FAMILY $440,000 · 1346 sqft
Street locked · 08861 · SINGLE_FAMILY $385,000 · 1305 sqft
Street locked · 08861 · SINGLE_FAMILY $485,000 · 1268 sqft

Net pro forma

Includes closing costs & 5.1-month carry

Buy closing (2%)$7,980
Holding carry$22,739
All-in capital$517,107
Sell costs (6%)− $22,743
Net proceeds$356,301
Net profit $-58,537
Photo triage & rehab band

Condition triage

Library estimate

No contractor assessment on file for this listing.

ML baseline rehab: $87,388

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: $87,388
Kitchen — Full Replacement $48,000
Bathroom — Full Renovation $18,000
Interior Paint (1,332 sqft × $3.00) $3,996
Flooring — Hardwood Refinish (1,332 sqft × $4.50) $5,994
Contingency (15%) $11,398

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
3.0
Sqft
1332
Zip
08861

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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