Bid Check with my reno → — your rehab, stressed Bid $
Street locked · 08902 | $419,900 Flip Analysis — FlipScout
Ask
$419,900
$225/sqft
Bid $
$302,271
Max bid / MAO
Room
~$117,629 over max bid · 28% of ask
vs max bid
Verdict
WALK
Pass at list
Rehab
$91,977
$49/sqft
ARV
$540,301

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 $ $302,271 · Ask $419,900

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 sqft1864 sqft
ARV$540,301
List− $419,900
Rehab− $91,977
Gross profit$28,424

Contextual market baseline

Sold comps for neighborhood context — not the ARV formula · 3 sales · last 6 mo · zip 08902

Street locked · 08902 · SINGLE_FAMILY $625,000 · 1840 sqft
Street locked · 08902 · SINGLE_FAMILY $719,000 · 1900 sqft
Street locked · 08902 · SINGLE_FAMILY $663,000 · 1785 sqft

Net pro forma

Includes closing costs & 3.52-month carry

Buy closing (2%)$8,398
Holding carry$16,517
All-in capital$536,792
Sell costs (6%)− $32,418
Net proceeds$507,883
Net profit $-61,615
Photo triage & rehab band

Condition triage

Library estimate

No contractor assessment on file for this listing.

ML baseline rehab: $91,977

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: $91,977
Kitchen — Full Replacement $48,000
Bathroom — Full Renovation $18,000
Interior Paint (1,864 sqft × $3.00) $5,592
Flooring — Hardwood Refinish (1,864 sqft × $4.50) $8,388
Contingency (15%) $11,997

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

08902 (08902) signals softer conditions: margins ~3.3%, 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
3
Baths
3.0
Sqft
1864
Zip
08902

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

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

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