Bid Check with my reno → — your rehab, stressed Bid $
Street locked · 08701 | $269,900 Flip Analysis — FlipScout
Property photo 1 Property photo 2 Property photo 3 Property photo 4 Property photo 5
Ask
$269,900
$232/sqft
Bid $
$167,990
Max bid / MAO
Room
~$101,910 over max bid · 38% of ask
vs max bid
Verdict
WALK
Pass at list
Rehab
$85,948
$74/sqft
ARV
$278,728

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 $ $167,990 · Ask $269,900

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 sqft1165 sqft
ARV$278,728
List− $269,900
Rehab− $85,948
Gross profit$-77,120

Contextual market baseline

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

Street locked · 08701 · CONDOS $325,000 · 1246 sqft
Street locked · 08701 · CONDOS $190,000 · 1053 sqft
Street locked · 08701 · CONDOS $253,500 · 982 sqft

Net pro forma

Includes closing costs & 3.84-month carry

Buy closing (2%)$5,398
Holding carry$12,526
All-in capital$373,772
Sell costs (6%)− $16,724
Net proceeds$262,004
Net profit $-67,184
Photo triage & rehab band

Condition triage

Library estimate

No contractor assessment on file for this listing.

ML baseline rehab: $85,948

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: $85,948
Kitchen — Full Replacement $48,000
Bathroom — Full Renovation $18,000
Interior Paint (1,165 sqft × $3.00) $3,495
Flooring — Hardwood Refinish (1,165 sqft × $4.50) $5,242
Contingency (15%) $11,211

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
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
1165
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