Bid Check with my reno → — your rehab, stressed Bid $
Street locked · 07102 | $550,000 Flip Analysis — FlipScout
Property photo 1 Property photo 2 Property photo 3 Property photo 4 Property photo 5
Ask
$550,000
$461/sqft
Bid $
$408,769
Max bid / MAO
Room
~$141,231 over max bid · 26% of ask
vs max bid
Verdict
WALK
Pass at list
Rehab
$61,738
$52/sqft
ARV
$269,500

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 $ $408,769 · Ask $550,000

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 sqft1193 sqft
ARV$269,500
List− $550,000
Rehab− $61,738
Gross profit$-342,238

Contextual market baseline

Sold comps for neighborhood context — not the ARV formula · 3 sales · last 6 mo · zip 07102

Street locked · 07102 · CONDO $415,000 · 1481 sqft
Street locked · 07102 · CONDO $340,000 · 877 sqft
Street locked · 07102 · CONDO $265,000 · 852 sqft

Net pro forma

Includes closing costs & 4.0-month carry

Buy closing (2%)$11,000
Holding carry$22,430
All-in capital$645,168
Sell costs (6%)− $16,170
Net proceeds$253,330
Net profit $-74,276
Photo triage & rehab band

Condition triage

FlipScout AI Inspector ·

The property features a functional open floor plan but is significantly dated by the light wood kitchen cabinetry. This represents a solid cosmetic flip opportunity where modernizing the kitchen and refreshing surfaces will drive the highest ROI.

Rehab: $61,738

Renovation budget

Total: $61,738
Cosmetic rehab band (1,193 sqft × $45/sqft) $53,685
Contingency (15%) $8,053

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

07102 (07102) signals softer conditions: margins ~7.8%, DOM ~45 days, avg price drops ~0.0. Tighten ARV and rehab assumptions.

Apex breakdown

Threshold 85+ = Apex Hot

profit margin
1/100
35% weight
hidden repair risk
83/100
25% weight
neighborhood trajectory
20/100
25% weight
condition
70/100
15% weight
Beds
3
Baths
2.0
Sqft
1193
Zip
07102

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