Bid Check with my reno → — your rehab, stressed Bid $
Street locked · 08902 | $325,000 Flip Analysis — FlipScout
Ask
$325,000
$331/sqft
Bid $
$250,844
Max bid / MAO
Room
~$74,156 over max bid · 23% of ask
vs max bid
Verdict
BID TARGET
Negotiate to $250,844
Rehab
$93,167
$95/sqft
ARV
$284,644

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 $ $250,844 · Ask $325,000

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 sqft982 sqft
ARV$284,644
List− $325,000
Rehab− $93,167
Gross profit$-133,523

Contextual market baseline

Sold comps for neighborhood context — not the ARV formula · 3 sales · last 6 mo · zip 08902

Street locked · 08902 · CONDOS $305,000 · 942 sqft
Street locked · 08902 · CONDOS $379,000 · 1106 sqft
Street locked · 08902 · SINGLE_FAMILY $465,000 · 832 sqft

Net pro forma

Includes closing costs & 3.54-month carry

Buy closing (2%)$6,500
Holding carry$13,570
All-in capital$438,237
Sell costs (6%)− $17,079
Net proceeds$267,565
Net profit $-23,937
Photo triage & rehab band

Condition triage

FlipScout AI Inspector ·

The property exterior exhibits significant wear with faded siding and weathered roofing, suggesting a history of deferred maintenance common in older rentals. While the structure appears sound, a comprehensive interior modernization and exterior refresh are required to achieve flip-ready status.

Rehab: $93,167

Renovation budget

Total: $93,167
Heavy rehab band (982 sqft × $82/sqft) $81,015
Contingency (15%) $12,152

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

08902 (08902) signals softer conditions: margins ~3.3%, DOM ~45 days, avg price drops ~0.0. Tighten ARV and rehab assumptions.

Apex breakdown

Threshold 85+ = Apex Hot

profit margin
18/100
35% weight
hidden repair risk
56/100
25% weight
neighborhood trajectory
20/100
25% weight
condition
40/100
15% weight
Beds
2
Baths
1.0
Sqft
982
Zip
08902

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