Bid Check with my reno → — your rehab, stressed Bid $
Street locked · 08837 | $249,000 Flip Analysis — FlipScout
Property photo 1 Property photo 2 Property photo 3 Property photo 4
Ask
$249,000
$307/sqft
Bid $
$187,369
Max bid / MAO
Room
~$61,631 over max bid · 25% of ask
vs max bid
Verdict
BID TARGET
Negotiate to $187,369
Rehab
$42,021
$52/sqft
ARV
$281,102

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 $ $187,369 · Ask $249,000

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 sqft812 sqft
ARV$281,102
List− $249,000
Rehab− $42,021
Gross profit$-9,919

Contextual market baseline

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

Street locked · 08837 · CONDOS $250,000 · 812 sqft
Street locked · 08837 · SINGLE_FAMILY $425,000 · 864 sqft
Street locked · 08837 · CONDO $255,000 · 667 sqft

Net pro forma

Includes closing costs & 6.53-month carry

Buy closing (2%)$4,980
Holding carry$17,420
All-in capital$313,421
Sell costs (6%)− $16,866
Net proceeds$264,236
Net profit $-28,674
Photo triage & rehab band

Condition triage

FlipScout AI Inspector ·

Solid brick structure suggests good bones, but the property requires significant cosmetic and system updates to compete in the current market. The exterior grounds and decking appear weathered, indicating deferred maintenance common in older multi-family units.

Rehab: $42,021

Renovation budget

Total: $42,021
Cosmetic rehab band (812 sqft × $45/sqft) $36,540
Contingency (15%) $5,481

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
63/100
25% weight
neighborhood trajectory
20/100
25% weight
condition
50/100
15% weight
Beds
2
Baths
1.0
Sqft
812
Zip
08837

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