Bid Check with my reno → — your rehab, stressed Bid $
Street locked · 08701 | $235,000 Flip Analysis — FlipScout
Property photo 1 Property photo 2 Property photo 3 Property photo 4 Property photo 5
Ask
$235,000
$227/sqft
Bid $
$180,003
Max bid / MAO
Room
~$54,997 over max bid · 23% of ask
vs max bid
Verdict
BID TARGET
Negotiate to $180,003
Rehab
$58,974
$57/sqft
ARV
$247,864

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 $ $180,003 · Ask $235,000

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 sqft1036 sqft
ARV$247,864
List− $235,000
Rehab− $58,974
Gross profit$-46,110

Contextual market baseline

Sold comps for neighborhood context — not the ARV formula · 3 sales · last 6 mo · zip 08701

Street locked · 08701 · CONDOS $190,000 · 1053 sqft
Street locked · 08701 · CONDOS $253,500 · 982 sqft
Street locked · 08701 · CONDOS $180,000 · 982 sqft

Net pro forma

Includes closing costs & 4.94-month carry

Buy closing (2%)$4,700
Holding carry$13,312
All-in capital$311,986
Sell costs (6%)− $14,872
Net proceeds$232,992
Net profit $-20,263
Photo triage & rehab band

Condition triage

FlipScout AI Inspector ·

This property is a classic cosmetic flip candidate with a sound structure but dated aesthetics requiring full interior modernization. The exterior roof and landscaping need immediate attention to maximize curb appeal for listing.

Rehab: $58,974

Renovation budget

Total: $58,974
Cosmetic rehab band (1,036 sqft × $50/sqft) $51,282
Contingency (15%) $7,692

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

08701 (08701) signals softer conditions: margins ~2.9%, DOM ~45 days, avg price drops ~0.0. Tighten ARV and rehab assumptions.

Apex breakdown

Threshold 85+ = Apex Hot

profit margin
15/100
35% weight
hidden repair risk
70/100
25% weight
neighborhood trajectory
20/100
25% weight
condition
60/100
15% weight
Beds
2
Baths
1.0
Sqft
1036
Zip
08701

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