Bid Check with my reno → — your rehab, stressed Bid $
Street locked · 08701 | $338,000 Flip Analysis — FlipScout
Ask
$338,000
$198/sqft
Bid $
$259,448
Max bid / MAO
Room
~$78,552 over max bid · 23% of ask
vs max bid
Verdict
WALK
Pass at list
Rehab
$88,182
$52/sqft
ARV
$417,286

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 $ $259,448 · Ask $338,000

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.

Flip math

Value-add ARV

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

Implied ARV $/sqft
Subject sqft1704 sqft
ARV$417,286
List− $338,000
Rehab− $88,182
Gross profit$-8,896

Contextual market baseline

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

Street locked · 08701 · SINGLE_FAMILY $459,000 · 1651 sqft
Street locked · 08701 · SINGLE_FAMILY $785,000 · 1587 sqft
Street locked · 08701 · SINGLE_FAMILY $560,000 · 1863 sqft

Net pro forma

Includes closing costs & 6.93-month carry

Buy closing (2%)$6,760
Holding carry$27,073
All-in capital$460,015
Sell costs (6%)− $25,037
Net proceeds$392,249
Net profit $-27,961
Photo triage & rehab band

Condition triage

FlipScout AI Inspector ·

Property appears to be in good structural condition but requires cosmetic updates to maximize flip value. The hardwood floors have a dated orange tone that needs refinishing to a modern natural or grey stain. Interior paint is present but should be refreshed to ensure a pristine, neutral finish for buyers. No major systems or full room gutting appears necessary based on visible areas.

Rehab: $88,182

Renovation budget

Total: $88,182
Cosmetic rehab band (1,704 sqft × $45/sqft) $76,680
Contingency (15%) $11,502

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
16/100
35% weight
hidden repair risk
100/100
25% weight
neighborhood trajectory
20/100
25% weight
condition
70/100
15% weight
Beds
2
Baths
2.0
Sqft
1704
Zip
08701

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