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Street locked · 08701 | $159,500 Flip Analysis — FlipScout
Property photo 1 Property photo 2 Property photo 3 Property photo 4 Property photo 5
Ask
$159,500
$186/sqft
Bid $
$123,618
Max bid / MAO
Room
~$35,882 over max bid · 22% of ask
vs max bid
Verdict
BID TARGET
Negotiate to $123,618
Rehab
$48,842
$57/sqft
ARV
$178,596

Clearance (C) — bid physics. C = Bid $ ÷ Ask. We don't mint fake CLEARS. CLEARS · BID TARGET · WALK

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Deal Architecture · Pro

Bid $ $123,618 · Ask $159,500

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 sqft858 sqft
ARV$178,596
List− $159,500
Rehab− $48,842
Gross profit$-29,746

Contextual market baseline

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

Street locked · 08701 · CONDOS $149,000 · 858 sqft
Street locked · 08701 · CONDOS $168,000 · 858 sqft
Street locked · 08701 · CONDOS $115,000 · 858 sqft

Net pro forma

Includes closing costs & 3.96-month carry

Buy closing (2%)$3,190
Holding carry$7,563
All-in capital$219,095
Sell costs (6%)− $10,716
Net proceeds$167,880
Net profit $-10,650
Photo triage & rehab band

Condition triage

FlipScout AI Inspector ·

The image displays a waterfront boathouse and dock structure rather than a standard residential interior, suggesting this is an amenity assessment or the property is unique. The wood structures show significant weathering and will require extensive exterior restoration and potential structural repairs to pilings.

Rehab: $48,842

Renovation budget

Total: $48,842
Cosmetic rehab band (858 sqft × $50/sqft) $42,471
Contingency (15%) $6,371

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
20/100
35% weight
hidden repair risk
50/100
25% weight
neighborhood trajectory
20/100
25% weight
condition
50/100
15% weight
Beds
2
Baths
1.0
Sqft
858
Zip
08701

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