Bid Check with my reno → — your rehab, stressed Bid $
Street locked · 07087 | $319,000 Flip Analysis — FlipScout
Ask
$319,000
$491/sqft
Bid $
$218,234
Max bid / MAO
Room
~$100,766 over max bid · 32% of ask
vs max bid
Verdict
WALK
Pass at list
Rehab
$81,506
$125/sqft
ARV
$285,882

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 $ $218,234 · Ask $319,000

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 sqft650 sqft
ARV$285,882
List− $319,000
Rehab− $81,506
Gross profit$-114,624

Contextual market baseline

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

Street locked · 07087 · CONDO $450,000 · 769 sqft
Street locked · 07087 · CONDOS $450,000 · 769 sqft
Street locked · 07087 · CONDOS $295,000 · 780 sqft

Net pro forma

Includes closing costs & 4.2-month carry

Buy closing (2%)$6,380
Holding carry$15,419
All-in capital$422,305
Sell costs (6%)− $17,153
Net proceeds$268,729
Net profit $-58,766
Photo triage & rehab band

Condition triage

Library estimate

No contractor assessment on file for this listing.

ML baseline rehab: $81,506

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: $81,506
Kitchen — Full Replacement $48,000
Bathroom — Full Renovation $18,000
Interior Paint (650 sqft × $3.00) $1,950
Flooring — Hardwood Refinish (650 sqft × $4.50) $2,925
Contingency (15%) $10,631

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
15/100
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
650
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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