Bid Check with my reno → — your rehab, stressed Bid $
Street locked · 08701 | $149,000 Flip Analysis — FlipScout
Property photo 1 Property photo 2 Property photo 3 Property photo 4 Property photo 5
Ask
$149,000
$174/sqft
Bid $
$116,008
Max bid / MAO
Room
~$32,992 over max bid · 22% of ask
vs max bid
Verdict
BID TARGET
Negotiate to $116,008
Rehab
$48,842
$57/sqft
ARV
$184,626

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 $ $116,008 · Ask $149,000

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 sqft858 sqft
ARV$184,626
List− $149,000
Rehab− $48,842
Gross profit$-13,216

Contextual market baseline

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

Street locked · 08701 · CONDOS $196,500 · 858 sqft
Street locked · 08701 · CONDOS $149,000 · 858 sqft
Street locked · 08701 · CONDOS $168,000 · 858 sqft

Net pro forma

Includes closing costs & 3.91-month carry

Buy closing (2%)$2,980
Holding carry$7,091
All-in capital$207,913
Sell costs (6%)− $11,078
Net proceeds$173,548
Net profit $-8,817
Photo triage & rehab band

Condition triage

FlipScout AI Inspector ·

Bedroom is in good structural condition but aesthetically dated. Walls feature a dark beige/taupe paint that needs updating to a modern bright neutral. Flooring appears to be older hardwood with a worn finish, requiring refinishing to maximize value. No visible damage to trim, windows, or baseboards.

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
22/100
35% weight
hidden repair risk
100/100
25% weight
neighborhood trajectory
20/100
25% weight
condition
70/100
15% weight
Beds
2
Baths
1.0
Sqft
858
Zip
08701

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