Bid Check with my reno → — your rehab, stressed Bid $
Street locked · 07002 | $235,000 Flip Analysis — FlipScout
Ask
$235,000
$346/sqft
Bid $
$140,659
Max bid / MAO
Room
~$94,341 over max bid · 40% of ask
vs max bid
Verdict
WALK
Pass at list
Rehab
$17,000
$25/sqft
ARV
$206,207

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 $ $140,659 · Ask $235,000

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 sqft680 sqft
ARV$206,207
List− $235,000
Rehab− $17,000
Gross profit$-45,793

Contextual market baseline

Sold comps for neighborhood context — not the ARV formula · 3 sales · last 6 mo · zip 07002

Street locked · 07002 · CONDO $169,125 · 680 sqft
Street locked · 07002 · CONDO $199,875 · 800 sqft
Street locked · 07002 · CONDO $123,000 · 525 sqft

Net pro forma

Includes closing costs & 4.0-month carry

Buy closing (2%)$4,700
Holding carry$8,617
All-in capital$265,317
Sell costs (6%)− $12,372
Net proceeds$193,835
Net profit $-74,177
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: $17,000
Renovation Budget (estimated) $17,000

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
680
Zip
07002

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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