Bid Check with my reno → — your rehab, stressed Bid $
Street locked · 07030 | $449,000 Flip Analysis — FlipScout
Ask
$449,000
$662/sqft
Bid $
$309,736
Max bid / MAO
Room
~$139,264 over max bid · 31% of ask
vs max bid
Verdict
WALK
Pass at list
Rehab
$81,748
$121/sqft
ARV
$583,361

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 $ $309,736 · Ask $449,000

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 sqft678 sqft
ARV$583,361
List− $449,000
Rehab− $81,748
Gross profit$52,613

Contextual market baseline

Sold comps for neighborhood context — not the ARV formula · 3 sales · last 6 mo · zip 07030

Street locked · 07030 · CONDOS $595,000 · 665 sqft
Street locked · 07030 · CONDOS $620,000 · 699 sqft
Street locked · 07030 · CONDOS $635,000 · 700 sqft

Net pro forma

Includes closing costs & 3.71-month carry

Buy closing (2%)$8,980
Holding carry$18,050
All-in capital$557,778
Sell costs (6%)− $35,002
Net proceeds$548,359
Net profit $-84,705
Photo triage & rehab band

Condition triage

Library estimate

No contractor assessment on file for this listing.

ML baseline rehab: $81,748

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: $81,748
Kitchen — Full Replacement $48,000
Bathroom — Full Renovation $18,000
Interior Paint (678 sqft × $3.00) $2,034
Flooring — Hardwood Refinish (678 sqft × $4.50) $3,051
Contingency (15%) $10,663

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

07030 (07030) signals softer conditions: margins ~-0.4%, 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
1
Baths
1.0
Sqft
678
Zip
07030

Assigns Condition Tier 1–4 from listing photos (gut / heavy / cosmetic / turnkey). Rehab $ comes from historical tier bands — not photo guessing. Usually ~30–90s.

Similar flips

Same zip or nearby price band — Bid/Pass Tape rows

← Bid/Pass Tape