Bid Check with my reno → — your rehab, stressed Bid $
Street locked · 08873 | $469,000 Flip Analysis — FlipScout
Ask
$469,000
$351/sqft
Bid $
$352,626
Max bid / MAO
Room
~$116,374 over max bid · 25% of ask
vs max bid
Verdict
WALK
Pass at list
Rehab
$87,423
$65/sqft
ARV
$340,214

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 $ $352,626 · Ask $469,000

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 sqft1336 sqft
ARV$340,214
List− $469,000
Rehab− $87,423
Gross profit$-216,209

Contextual market baseline

Sold comps for neighborhood context — not the ARV formula · 3 sales · last 6 mo · zip 08873

Street locked · 08873 · TOWNHOMES $485,000 · 1336 sqft
Street locked · 08873 · CONDOS $350,000 · 1418 sqft
Street locked · 08873 · SINGLE_FAMILY $485,000 · 1152 sqft

Net pro forma

Includes closing costs & 4.4-month carry

Buy closing (2%)$9,380
Holding carry$22,442
All-in capital$588,245
Sell costs (6%)− $20,413
Net proceeds$319,802
Net profit $-53,082
Photo triage & rehab band

Condition triage

Library estimate

No contractor assessment on file for this listing.

ML baseline rehab: $87,423

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: $87,423
Kitchen — Full Replacement $48,000
Bathroom — Full Renovation $18,000
Interior Paint (1,336 sqft × $3.00) $4,008
Flooring — Hardwood Refinish (1,336 sqft × $4.50) $6,012
Contingency (15%) $11,403

Rehab from historical Condition Tier $/sqft band × subject sqft — not vision-invented GC quotes. Verify with a licensed contractor before closing.

Neighborhood & Apex

Trajectory: Stable

No enrichment data.

Apex breakdown

Threshold 85+ = Apex Hot

profit margin
15/100
35% weight
hidden repair risk
100/100
25% weight
neighborhood trajectory
60/100
25% weight
condition
50/100
15% weight
Beds
2
Baths
3.0
Sqft
1336
Zip
08873

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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