Bid Check with my reno → — your rehab, stressed Bid $
Street locked · 08837 | $389,000 Flip Analysis — FlipScout
Property photo 1 Property photo 2 Property photo 3 Property photo 4 Property photo 5
Ask
$389,000
$312/sqft
Bid $
$292,543
Max bid / MAO
Room
~$96,457 over max bid · 25% of ask
vs max bid
Verdict
WALK
Pass at list
Rehab
$64,584
$52/sqft
ARV
$429,844

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 $ $292,543 · Ask $389,000

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 sqft1248 sqft
ARV$429,844
List− $389,000
Rehab− $64,584
Gross profit$-23,740

Contextual market baseline

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

Street locked · 08837 · CONDOS $370,000 · 1248 sqft
Street locked · 08837 · SINGLE_FAMILY $630,000 · 1246 sqft
Street locked · 08837 · SINGLE_FAMILY $355,000 · 1228 sqft

Net pro forma

Includes closing costs & 4.17-month carry

Buy closing (2%)$7,780
Holding carry$17,338
All-in capital$478,702
Sell costs (6%)− $25,791
Net proceeds$404,053
Net profit $-45,170
Photo triage & rehab band

Condition triage

FlipScout AI Inspector ·

The property exterior shows significant age with weathered wooden balconies and dated brickwork, suggesting a mid-century build requiring substantial curb appeal updates. Interior units will likely demand a full modernization of kitchens and baths along with systems upgrades to justify flip pricing.

Rehab: $64,584

Renovation budget

Total: $64,584
Cosmetic rehab band (1,248 sqft × $45/sqft) $56,160
Contingency (15%) $8,424

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
6/100
35% weight
hidden repair risk
30/100
25% weight
neighborhood trajectory
20/100
25% weight
condition
50/100
15% weight
Beds
2
Baths
2.0
Sqft
1248
Zip
08837

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