Bid Check with my reno → — your rehab, stressed Bid $
Street locked · 08902 | $359,500 Flip Analysis — FlipScout
Ask
$359,500
$242/sqft
Bid $
$249,017
Max bid / MAO
Room
~$110,483 over max bid · 31% of ask
vs max bid
Verdict
WALK
Pass at list
Rehab
$88,717
$60/sqft
ARV
$430,734

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 $ $249,017 · Ask $359,500

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 sqft1486 sqft
ARV$430,734
List− $359,500
Rehab− $88,717
Gross profit$-17,483

Contextual market baseline

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

Street locked · 08902 · SINGLE_FAMILY $605,000 · 1500 sqft
Street locked · 08902 · CONDOS $414,000 · 1442 sqft
Street locked · 08902 · TOWNHOMES $350,000 · 1426 sqft

Net pro forma

Includes closing costs & 3.72-month carry

Buy closing (2%)$7,190
Holding carry$15,284
All-in capital$470,691
Sell costs (6%)− $25,844
Net proceeds$404,890
Net profit $-63,002
Photo triage & rehab band

Condition triage

Library estimate

No contractor assessment on file for this listing.

ML baseline rehab: $88,717

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: $88,717
Kitchen — Full Replacement $48,000
Bathroom — Full Renovation $18,000
Interior Paint (1,486 sqft × $3.00) $4,458
Flooring — Hardwood Refinish (1,486 sqft × $4.50) $6,687
Contingency (15%) $11,572

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
2
Baths
2.0
Sqft
1486
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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