Bid Check with my reno → — your rehab, stressed Bid $
Street locked · 08701 | $249,000 Flip Analysis — FlipScout
Property photo 1 Property photo 2 Property photo 3 Property photo 4 Property photo 5
Ask
$249,000
$237/sqft
Bid $
$189,381
Max bid / MAO
Room
~$59,619 over max bid · 24% of ask
vs max bid
Verdict
BID TARGET
Negotiate to $189,381
Rehab
$54,286
$52/sqft
ARV
$256,886

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 $ $189,381 · 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 sqft1049 sqft
ARV$256,886
List− $249,000
Rehab− $54,286
Gross profit$-46,400

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%)$4,980
Holding carry$13,734
All-in capital$322,000
Sell costs (6%)− $15,413
Net proceeds$241,473
Net profit $-24,357
Photo triage & rehab band

Condition triage

FlipScout AI Inspector ·

This mid-century ranch exhibits significant deferred maintenance with an aging roof and faded exterior requiring immediate attention. Investors should anticipate heavy mechanical replacements including HVAC and plumbing alongside a full interior cosmetic overhaul to achieve market value.

Rehab: $54,286

Renovation budget

Total: $54,286
Cosmetic rehab band (1,049 sqft × $45/sqft) $47,205
Contingency (15%) $7,081

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
11/100
35% weight
hidden repair risk
50/100
25% weight
neighborhood trajectory
20/100
25% weight
condition
50/100
15% weight
Beds
2
Baths
2.0
Sqft
1049
Zip
08701

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