Bid Check with my reno → — your rehab, stressed Bid $
Street locked · 08701 | $182,888 Flip Analysis — FlipScout
Property photo 1 Property photo 2 Property photo 3 Property photo 4 Property photo 5
Ask
$182,888
$206/sqft
Bid $
$140,104
Max bid / MAO
Room
~$42,784 over max bid · 23% of ask
vs max bid
Verdict
BID TARGET
Negotiate to $140,104
Rehab
$46,006
$52/sqft
ARV
$221,780

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 $ $140,104 · Ask $182,888

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.

Go Pro $15/mo MAO calculator
Flip math

Value-add ARV

ARV = adjusted list + (rehab × 1.5) · zip avm

Implied ARV $/sqft
Subject sqft889 sqft
ARV$221,780
List− $182,888
Rehab− $46,006
Gross profit$-7,114

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%)$3,658
Holding carry$8,309
All-in capital$240,861
Sell costs (6%)− $13,307
Net proceeds$208,473
Net profit $-15,731
Photo triage & rehab band

Condition triage

FlipScout AI Inspector ·

Exterior brick structure is sound but styling is dated (likely late 90s/early 2000s). Red shutters and entrance trim appear weathered and require painting to modernize curb appeal. Landscaping is sparse. Interiors are inferred to be original based on exterior age, necessitating full kitchen and bathroom renovations plus interior painting for a profitable flip.

Rehab: $46,006

Renovation budget

Total: $46,006
Cosmetic rehab band (889 sqft × $45/sqft) $40,005
Contingency (15%) $6,001

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
100/100
25% weight
neighborhood trajectory
20/100
25% weight
condition
50/100
15% weight
Beds
1
Baths
1.0
Sqft
889
Zip
08701

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