Bid Check with my reno → — your rehab, stressed Bid $
Street locked · 07055 | $349,000 Flip Analysis — FlipScout
Ask
$349,000
$200/sqft
Bid $
$277,602
Max bid / MAO
Room
~$71,398 over max bid · 20% of ask
vs max bid
Verdict
BID TARGET
Negotiate to $277,602
Rehab
$150,248
$86/sqft
ARV
$382,273

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 $ $277,602 · Ask $349,000

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.

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Flip math

Value-add ARV

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

Implied ARV $/sqft
Subject sqft1742 sqft
ARV$382,273
List− $349,000
Rehab− $150,248
Gross profit$-116,975

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 $770,000 · 1902 sqft
Street locked · 07055 · SINGLE_FAMILY $800,000 · 1918 sqft

Net pro forma

Includes closing costs & 4.0-month carry

Buy closing (2%)$6,980
Holding carry$18,306
All-in capital$524,534
Sell costs (6%)− $22,936
Net proceeds$359,337
Net profit $-8,034
Photo triage & rehab band

Condition triage

FlipScout AI Inspector ·

This property exhibits significant deferred maintenance, particularly on the exterior porch and landscaping, suggesting a neglected interior. A full cosmetic overhaul combined with critical system updates will be required to maximize resale value.

Rehab: $150,248

Renovation budget

Total: $150,248
Heavy rehab band (1,742 sqft × $75/sqft) $130,650
Contingency (15%) $19,598

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
33/100
35% weight
hidden repair risk
56/100
25% weight
neighborhood trajectory
20/100
25% weight
condition
40/100
15% weight
Beds
5
Baths
3.0
Sqft
1742
Zip
07055

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