Bid Check with my reno → — your rehab, stressed Bid $
Street locked · 08540 | $445,000 Flip Analysis — FlipScout
Ask
$445,000
$376/sqft
Bid $
$311,234
Max bid / MAO
Room
~$133,766 over max bid · 30% of ask
vs max bid
Verdict
WALK
Pass at list
Rehab
$86,104
$73/sqft
ARV
$485,163

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 $ $311,234 · Ask $445,000

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 sqft1183 sqft
ARV$485,163
List− $445,000
Rehab− $86,104
Gross profit$-45,941

Contextual market baseline

Sold comps for neighborhood context — not the ARV formula · 3 sales · last 6 mo · zip 08540

Street locked · 08540 · CONDOS $410,000 · 1210 sqft
Street locked · 08540 · TOWNHOMES $603,000 · 1502 sqft
Street locked · 08540 · CONDOS $603,000 · 1502 sqft

Net pro forma

Includes closing costs & 3.96-month carry

Buy closing (2%)$8,900
Holding carry$19,279
All-in capital$559,283
Sell costs (6%)− $29,110
Net proceeds$456,053
Net profit $-78,032
Photo triage & rehab band

Condition triage

Library estimate

No contractor assessment on file for this listing.

ML baseline rehab: $86,104

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: $86,104
Kitchen — Full Replacement $48,000
Bathroom — Full Renovation $18,000
Interior Paint (1,183 sqft × $3.00) $3,549
Flooring — Hardwood Refinish (1,183 sqft × $4.50) $5,324
Contingency (15%) $11,231

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

08540 (08540) signals softer conditions: margins ~1.7%, DOM ~45 days, avg price drops ~0.0. Tighten ARV and rehab assumptions.

Apex breakdown

Threshold 85+ = Apex Hot

profit margin
4/100
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
1183
Zip
08540

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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