Bid Check with my reno → — your rehab, stressed Bid $
Street locked · 08902 | $689,000 Flip Analysis — FlipScout
Ask
$689,000
$331/sqft
Bid $
$551,664
Max bid / MAO
Room
~$137,336 over max bid · 20% of ask
vs max bid
Verdict
WALK
Pass at list
Rehab
$93,840
$45/sqft
ARV
$602,911

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 $ $551,664 · Ask $689,000

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 sqft2080 sqft
ARV$602,911
List− $689,000
Rehab− $93,840
Gross profit$-179,929

Contextual market baseline

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

Street locked · 08902 · TOWNHOMES $560,000 · 2066 sqft
Street locked · 08902 · SINGLE_FAMILY $753,000 · 2012 sqft
Street locked · 08902 · SINGLE_FAMILY $660,000 · 2200 sqft

Net pro forma

Includes closing costs & 4.46-month carry

Buy closing (2%)$13,780
Holding carry$32,005
All-in capital$828,625
Sell costs (6%)− $36,175
Net proceeds$566,737
Net profit $-42,767
Photo triage & rehab band

Condition triage

Library estimate

No contractor assessment on file for this listing.

ML baseline rehab: $93,840

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: $93,840
Kitchen — Full Replacement $48,000
Bathroom — Full Renovation $18,000
Interior Paint (2,080 sqft × $3.00) $6,240
Flooring — Hardwood Refinish (2,080 sqft × $4.50) $9,360
Contingency (15%) $12,240

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
4
Baths
3.0
Sqft
2080
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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