Bid Check with my reno → — your rehab, stressed Bid $
Street locked · 08540 | $698,000 Flip Analysis — FlipScout
Ask
$698,000
$414/sqft
Bid $
$513,836
Max bid / MAO
Room
~$184,164 over max bid · 26% of ask
vs max bid
Verdict
WALK
Pass at list
Rehab
$90,459
$54/sqft
ARV
$681,045

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 $ $513,836 · Ask $698,000

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 sqft1688 sqft
ARV$681,045
List− $698,000
Rehab− $90,459
Gross profit$-107,414

Contextual market baseline

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

Street locked · 08540 · CONDOS $587,000 · 1754 sqft
Street locked · 08540 · SINGLE_FAMILY $540,000 · 1571 sqft
Street locked · 08540 · TOWNHOMES $603,000 · 1502 sqft

Net pro forma

Includes closing costs & 3.42-month carry

Buy closing (2%)$13,960
Holding carry$24,718
All-in capital$827,137
Sell costs (6%)− $40,863
Net proceeds$640,182
Net profit $-98,340
Photo triage & rehab band

Condition triage

Library estimate

No contractor assessment on file for this listing.

ML baseline rehab: $90,459

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: $90,459
Kitchen — Full Replacement $48,000
Bathroom — Full Renovation $18,000
Interior Paint (1,688 sqft × $3.00) $5,064
Flooring — Hardwood Refinish (1,688 sqft × $4.50) $7,596
Contingency (15%) $11,799

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
2/100
35% weight
hidden repair risk
100/100
25% weight
neighborhood trajectory
20/100
25% weight
condition
50/100
15% weight
Beds
2
Baths
3.0
Sqft
1688
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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