Bid Check with my reno → — your rehab, stressed Bid $
Street locked · 07055 | $799,000 Flip Analysis — FlipScout
Ask
$799,000
$466/sqft
Bid $
$593,685
Max bid / MAO
Room
~$205,315 over max bid · 26% of ask
vs max bid
Verdict
WALK
Pass at list
Rehab
$88,803
$52/sqft
ARV
$443,021

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 $ $593,685 · Ask $799,000

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 sqft1716 sqft
ARV$443,021
List− $799,000
Rehab− $88,803
Gross profit$-444,782

Contextual market baseline

Sold comps for neighborhood context — not the ARV formula · 3 sales · last 6 mo · zip 07055

Street locked · 07055 · SINGLE_FAMILY $450,645 · 1808 sqft
Street locked · 07055 · SINGLE_FAMILY $330,000 · 1546 sqft
Street locked · 07055 · SINGLE_FAMILY $585,000 · 1544 sqft

Net pro forma

Includes closing costs & 4.0-month carry

Buy closing (2%)$15,980
Holding carry$32,553
All-in capital$936,336
Sell costs (6%)− $26,581
Net proceeds$416,439
Net profit $-108,215
Photo triage & rehab band

Condition triage

FlipScout AI Inspector ·

Solid structural bones with dated cosmetics suggest a standard value-add flip opportunity rather than a gut rehab. Expect to find knob-and-tube wiring or galvanized plumbing behind the walls requiring immediate attention.

Rehab: $88,803

Renovation budget

Total: $88,803
Cosmetic rehab band (1,716 sqft × $45/sqft) $77,220
Contingency (15%) $11,583

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

07055 (07055) signals softer conditions: margins ~4.8%, 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
63/100
25% weight
neighborhood trajectory
20/100
25% weight
condition
50/100
15% weight
Beds
5
Baths
3.0
Sqft
1716
Zip
07055

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