Bid Check with my reno → — your rehab, stressed Bid $
Street locked · 08902 | $360,000 Flip Analysis — FlipScout
Ask
$360,000
$326/sqft
Bid $
$252,698
Max bid / MAO
Room
~$107,302 over max bid · 30% of ask
vs max bid
Verdict
WALK
Pass at list
Rehab
$85,439
$77/sqft
ARV
$320,587

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 $ $252,698 · Ask $360,000

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 sqft1106 sqft
ARV$320,587
List− $360,000
Rehab− $85,439
Gross profit$-124,852

Contextual market baseline

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

Street locked · 08902 · CONDOS $379,000 · 1106 sqft
Street locked · 08902 · TOWNHOMES $390,000 · 1250 sqft
Street locked · 08902 · CONDOS $305,000 · 942 sqft

Net pro forma

Includes closing costs & 3.73-month carry

Buy closing (2%)$7,200
Holding carry$15,230
All-in capital$467,869
Sell costs (6%)− $19,235
Net proceeds$301,351
Net profit $-59,593
Photo triage & rehab band

Condition triage

Library estimate

No contractor assessment on file for this listing.

ML baseline rehab: $85,439

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: $85,439
Kitchen — Full Replacement $48,000
Bathroom — Full Renovation $18,000
Interior Paint (1,106 sqft × $3.00) $3,318
Flooring — Hardwood Refinish (1,106 sqft × $4.50) $4,977
Contingency (15%) $11,144

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
1106
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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