Bid Check with my reno → — your rehab, stressed Bid $
Street locked · 07030 | $799,000 Flip Analysis — FlipScout
Property photo 1 Property photo 2 Property photo 3 Property photo 4 Property photo 5
Ask
$799,000
$832/sqft
Bid $
$587,267
Max bid / MAO
Room
~$211,733 over max bid · 26% of ask
vs max bid
Verdict
WALK
Pass at list
Rehab
$49,680
$52/sqft
ARV
$833,129

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 $ $587,267 · 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.

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Flip math

Value-add ARV

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

Implied ARV $/sqft
Subject sqft960 sqft
ARV$833,129
List− $799,000
Rehab− $49,680
Gross profit$-15,551

Contextual market baseline

Sold comps for neighborhood context — not the ARV formula · 3 sales · last 6 mo · zip 07030

Street locked · 07030 · CONDOS $899,999 · 1003 sqft
Street locked · 07030 · CONDOS $852,000 · 1013 sqft
Street locked · 07030 · CONDOS $786,500 · 1019 sqft

Net pro forma

Includes closing costs & 3.84-month carry

Buy closing (2%)$15,980
Holding carry$29,874
All-in capital$894,534
Sell costs (6%)− $49,988
Net proceeds$783,141
Net profit $-121,986
Photo triage & rehab band

Condition triage

FlipScout AI Inspector ·

This property appears to be a solid cosmetic flip candidate with good bones and original hardwood floors, likely dating to the mid-20th century. While the main living areas look presentable, the bathroom and flooring will require modernization to maximize resale value and justify a higher price point.

Rehab: $49,680

Renovation budget

Total: $49,680
Cosmetic rehab band (960 sqft × $45/sqft) $43,200
Contingency (15%) $6,480

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

07030 (07030) signals softer conditions: margins ~-0.4%, DOM ~45 days, avg price drops ~0.0. Tighten ARV and rehab assumptions.

Beds
2
Baths
1.0
Sqft
960
Zip
07030

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