Bid Check with my reno → — your rehab, stressed Bid $
Street locked · 08837 | $229,000 Flip Analysis — FlipScout
Property photo 1 Property photo 2 Property photo 3 Property photo 4 Property photo 5
Ask
$229,000
$343/sqft
Bid $
$133,975
Max bid / MAO
Room
~$95,025 over max bid · 41% of ask
vs max bid
Verdict
WALK
Pass at list
Rehab
$81,653
$122/sqft
ARV
$229,732

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 $ $133,975 · Ask $229,000

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.

Go Pro $15/mo MAO calculator
Flip math

Value-add ARV

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

Implied ARV $/sqft
Subject sqft667 sqft
ARV$229,732
List− $229,000
Rehab− $81,653
Gross profit$-80,921

Contextual market baseline

Sold comps for neighborhood context — not the ARV formula · 3 sales · last 6 mo · zip 08837

Street locked · 08837 · CONDO $255,000 · 667 sqft
Street locked · 08837 · CONDOS $230,000 · 576 sqft
Street locked · 08837 · SINGLE_FAMILY $425,000 · 864 sqft

Net pro forma

Includes closing costs & 3.77-month carry

Buy closing (2%)$4,580
Holding carry$10,736
All-in capital$325,969
Sell costs (6%)− $13,784
Net proceeds$215,948
Net profit $-65,977
Photo triage & rehab band

Condition triage

Library estimate

No contractor assessment on file for this listing.

ML baseline rehab: $81,653

Baseline notes

Investor scope checklist

  • ▸Kitchen cabinets/counters are primary value-add
  • ▸Flooring and paint drive resale perception
  • ▸Exterior curb appeal strongly impacts ARV
  • ▸Mechanicals assumed functional; verify on inspection

Renovation budget

Total: $81,653
Kitchen — Full Replacement $48,000
Bathroom — Full Renovation $18,000
Interior Paint (667 sqft × $3.00) $2,001
Flooring — Hardwood Refinish (667 sqft × $4.50) $3,002
Contingency (15%) $10,650

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

Edison (08837) signals softer conditions: margins ~4.4%, 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
667
Zip
08837

Assigns Condition Tier 1–4 from listing photos (gut / heavy / cosmetic / turnkey). Rehab $ comes from historical tier bands — not photo guessing. Usually ~30–90s.

Similar flips

Same zip or nearby price band — Bid/Pass Tape rows

WALK Street locked · 08837

Street locked · 08837

Edison, NJ 08837

Ask$550,000
Bid $$418,633
Room~$131,367 over max bid · 24% of ask
WALK Street locked · 08837

Street locked · 08837

Edison, NJ 08837

Ask$749,900
Bid $$569,642
Room~$180,258 over max bid · 24% of ask
WALK Street locked · 08837

Street locked · 08837

Edison, NJ 08837

Ask$559,000
Bid $$421,973
Room~$137,027 over max bid · 25% of ask
WALK Street locked · 08837

Street locked · 08837

Edison, NJ 08837

Ask$749,900
Bid $$564,988
Room~$184,912 over max bid · 25% of ask
BID TARGET Street locked · 08837

Street locked · 08837

Edison, NJ 08837

Ask$295,000
Bid $$222,221
Room~$72,779 over max bid · 25% of ask
← Bid/Pass Tape