Bid Check with my reno → — your rehab, stressed Bid $
Street locked · 07087 | $270,000 Flip Analysis — FlipScout
Ask
$270,000
$450/sqft
Bid $
$186,630
Max bid / MAO
Room
~$83,370 over max bid · 31% of ask
vs max bid
Verdict
WALK
Pass at list
Rehab
$15,000
$25/sqft
ARV
$263,891

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 $ $186,630 · Ask $270,000

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 sqft600 sqft
ARV$263,891
List− $270,000
Rehab− $15,000
Gross profit$-21,109

Contextual market baseline

Sold comps for neighborhood context — not the ARV formula · 3 sales · last 6 mo · zip 07087

Street locked · 07087 · CONDOS $236,000 · 513 sqft
Street locked · 07087 · CONDO $191,000 · 480 sqft
Street locked · 07087 · CONDO $450,000 · 769 sqft

Net pro forma

Includes closing costs & 3.6-month carry

Buy closing (2%)$5,400
Holding carry$8,910
All-in capital$299,310
Sell costs (6%)− $15,833
Net proceeds$248,058
Net profit $-55,751
Photo triage & rehab band

Condition triage

Library estimate

No contractor assessment on file for this listing.

ML baseline rehab:

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: $15,000
Renovation Budget (estimated) $15,000

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
40/100
35% weight
hidden repair risk
100/100
25% weight
neighborhood trajectory
60/100
25% weight
condition
50/100
15% weight
Beds
1
Baths
1.0
Sqft
600
Zip
07087

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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