Bid Check with my reno → — your rehab, stressed Bid $
Street locked · 08902 | $375,000 Flip Analysis — FlipScout
Ask
$375,000
$317/sqft
Bid $
$266,057
Max bid / MAO
Room
~$108,943 over max bid · 29% of ask
vs max bid
Verdict
WALK
Pass at list
Rehab
$86,112
$73/sqft
ARV
$343,196

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 $ $266,057 · Ask $375,000

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 sqft1184 sqft
ARV$343,196
List− $375,000
Rehab− $86,112
Gross profit$-117,916

Contextual market baseline

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

Street locked · 08902 · TOWNHOMES $390,000 · 1250 sqft
Street locked · 08902 · CONDOS $379,000 · 1106 sqft
Street locked · 08902 · SINGLE_FAMILY $448,000 · 1310 sqft

Net pro forma

Includes closing costs & 3.8-month carry

Buy closing (2%)$7,500
Holding carry$16,062
All-in capital$484,674
Sell costs (6%)− $20,592
Net proceeds$322,604
Net profit $-59,108
Photo triage & rehab band

Condition triage

Library estimate

No contractor assessment on file for this listing.

ML baseline rehab: $86,112

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: $86,112
Kitchen — Full Replacement $48,000
Bathroom — Full Renovation $18,000
Interior Paint (1,184 sqft × $3.00) $3,552
Flooring — Hardwood Refinish (1,184 sqft × $4.50) $5,328
Contingency (15%) $11,232

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
1184
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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