Bid Check with my reno → — your rehab, stressed Bid $
Street locked · 08902 | $485,000 Flip Analysis — FlipScout
Ask
$485,000
$481/sqft
Bid $
$360,942
Max bid / MAO
Room
~$124,058 over max bid · 26% of ask
vs max bid
Verdict
WALK
Pass at list
Rehab
$57,380
$57/sqft
ARV
$292,180

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 $ $360,942 · Ask $485,000

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 sqft1008 sqft
ARV$292,180
List− $485,000
Rehab− $57,380
Gross profit$-250,200

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%)$9,700
Holding carry$17,600
All-in capital$569,680
Sell costs (6%)− $17,531
Net proceeds$274,649
Net profit $-64,464
Photo triage & rehab band

Condition triage

FlipScout AI Inspector ·

This property appears to be a cosmetic flip candidate with sound structural bones but significant deferred maintenance. The primary value add will come from modernizing the interiors and correcting the overgrown exterior landscaping.

Rehab: $57,380

Renovation budget

Total: $57,380
Cosmetic rehab band (1,008 sqft × $50/sqft) $49,896
Contingency (15%) $7,484

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
1/100
35% weight
hidden repair risk
70/100
25% weight
neighborhood trajectory
20/100
25% weight
condition
50/100
15% weight
Beds
3
Baths
2.0
Sqft
1008
Zip
08902

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