Bid Check with my reno → — your rehab, stressed Bid $
Street locked · 08701 | $550,000 Flip Analysis — FlipScout
Property photo 1 Property photo 2 Property photo 3 Property photo 4 Property photo 5
Ask
$550,000
$334/sqft
Bid $
$398,001
Max bid / MAO
Room
~$151,999 over max bid · 28% of ask
vs max bid
Verdict
WALK
Pass at list
Rehab
$90,097
$55/sqft
ARV
$393,808

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 $ $398,001 · Ask $550,000

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.

Go Pro $15/mo MAO calculator
Flip math

Value-add ARV

ARV = adjusted list + (rehab × 1.5) · zip avm

Implied ARV $/sqft
Subject sqft1646 sqft
ARV$393,808
List− $550,000
Rehab− $90,097
Gross profit$-246,289

Contextual market baseline

Sold comps for neighborhood context — not the ARV formula · 3 sales · last 6 mo · zip 08701

Street locked · 08701 · SINGLE_FAMILY $459,000 · 1651 sqft
Street locked · 08701 · SINGLE_FAMILY $785,000 · 1587 sqft
Street locked · 08701 · SINGLE_FAMILY $537,000 · 1707 sqft

Net pro forma

Includes closing costs & 5.7-month carry

Buy closing (2%)$11,000
Holding carry$33,445
All-in capital$684,542
Sell costs (6%)− $23,628
Net proceeds$370,179
Net profit $-82,888
Photo triage & rehab band

Condition triage

Library estimate

No contractor assessment on file for this listing.

ML baseline rehab: $90,097

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: $90,097
Kitchen — Full Replacement $48,000
Bathroom — Full Renovation $18,000
Interior Paint (1,646 sqft × $3.00) $4,938
Flooring — Hardwood Refinish (1,646 sqft × $4.50) $7,407
Contingency (15%) $11,752

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

08701 (08701) signals softer conditions: margins ~2.9%, DOM ~45 days, avg price drops ~0.0. Tighten ARV and rehab assumptions.

Apex breakdown

Threshold 85+ = Apex Hot

profit margin
3/100
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
1646
Zip
08701

Assigns Condition Tier 1–4 from listing photos (gut / heavy / cosmetic / turnkey). Rehab $ comes from historical tier bands — not photo guessing. Usually ~30–90s.

Similar flips

Same zip or nearby price band — Bid/Pass Tape rows

BID TARGET Street locked · 08701

Street locked · 08701

Lakewood, NJ 08701

Ask$140,000
Bid $$109,350
Room~$30,650 over max bid · 22% of ask
BID TARGET Street locked · 08701

Street locked · 08701

Lakewood, NJ 08701

Ask$149,000
Bid $$116,008
Room~$32,992 over max bid · 22% of ask
BID TARGET Street locked · 08701

Street locked · 08701

Lakewood, NJ 08701

Ask$329,900
Bid $$256,798
Room~$73,102 over max bid · 22% of ask
BID TARGET Street locked · 08701

Street locked · 08701

Lakewood, NJ 08701

Ask$270,000
Bid $$210,162
Room~$59,838 over max bid · 22% of ask
BID TARGET Street locked · 08701

Street locked · 08701

Lakewood, NJ 08701

Ask$159,500
Bid $$123,618
Room~$35,882 over max bid · 22% of ask
← Bid/Pass Tape