Bid Check with my reno → — your rehab, stressed Bid $
Street locked · 07055 | $665,000 Flip Analysis — FlipScout
Ask
$665,000
$332/sqft
Bid $
$498,972
Max bid / MAO
Room
~$166,028 over max bid · 25% of ask
vs max bid
Verdict
WALK
Pass at list
Rehab
$103,500
$52/sqft
ARV
$516,341

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 $ $498,972 · Ask $665,000

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 sqft2000 sqft
ARV$516,341
List− $665,000
Rehab− $103,500
Gross profit$-252,159

Contextual market baseline

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

Street locked · 07055 · SINGLE_FAMILY $620,000 · 1982 sqft
Street locked · 07055 · SINGLE_FAMILY $600,000 · 2035 sqft
Street locked · 07055 · SINGLE_FAMILY $535,000 · 2065 sqft

Net pro forma

Includes closing costs & 4.0-month carry

Buy closing (2%)$13,300
Holding carry$28,178
All-in capital$809,978
Sell costs (6%)− $30,980
Net proceeds$485,361
Net profit $-79,650
Photo triage & rehab band

Condition triage

FlipScout AI Inspector ·

This property presents as a classic cosmetic flip opportunity with sound structural bones but significantly dated interiors. The exterior siding and roof appear serviceable, allowing the renovation budget to focus primarily on modernizing the kitchen, bathrooms, and flooring.

Rehab: $103,500

Renovation budget

Total: $103,500
Cosmetic rehab band (2,000 sqft × $45/sqft) $90,000
Contingency (15%) $13,500

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
5/100
35% weight
hidden repair risk
63/100
25% weight
neighborhood trajectory
20/100
25% weight
condition
50/100
15% weight
Beds
5
Baths
2.0
Sqft
2000
Zip
07055

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