Bid Check with my reno → — your rehab, stressed Bid $
Street locked · 07307 | $445,000 Flip Analysis — FlipScout
Property photo 1 Property photo 2 Property photo 3 Property photo 4 Property photo 5
Ask
$445,000
$689/sqft
Bid $
$350,832
Max bid / MAO
Room
~$94,168 over max bid · 21% of ask
vs max bid
Verdict
WALK
Pass at list
Rehab
$172,491
$267/sqft
ARV
$307,150

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 $ $350,832 · Ask $445,000

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.

Go Pro $15/mo MAO calculator
Flip math

Value-add ARV

ARV = adjusted list + (rehab × 1.5) · zip avm

Implied ARV $/sqft
Subject sqft646 sqft
ARV$307,150
List− $445,000
Rehab− $172,491
Gross profit$-310,341

Contextual market baseline

Sold comps for neighborhood context — not the ARV formula · 3 sales · last 6 mo · zip 07307

Street locked · 07307 · CONDO $365,000 · 644 sqft
Street locked · 07307 · CONDOS $330,000 · 620 sqft
Street locked · 07307 · CONDOS $315,000 · 700 sqft

Net pro forma

Includes closing costs & 5.53-month carry

Buy closing (2%)$8,900
Holding carry$31,302
All-in capital$657,693
Sell costs (6%)− $18,429
Net proceeds$288,721
Net profit $-16,962
Photo triage & rehab band

Condition triage

FlipScout AI Inspector ·

The property appears to be an industrial loft conversion with decent bones but worn cosmetic finishes, specifically the flooring. The exposed ductwork suggests an older HVAC system that may require upgrading or significant cleaning for a modern flip.

Rehab: $172,491

Renovation budget

Total: $172,491
Cosmetic rehab band (646 sqft × $45/sqft) $29,070
Contingency (15%) $4,360

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

07307 (07307) signals softer conditions: margins ~0.9%, DOM ~45 days, avg price drops ~0.0. Tighten ARV and rehab assumptions.

Apex breakdown

Threshold 85+ = Apex Hot

profit margin
28/100
35% weight
hidden repair risk
70/100
25% weight
neighborhood trajectory
20/100
25% weight
condition
70/100
15% weight
Beds
1
Baths
1.0
Sqft
646
Zip
07307

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