Bid Check with my reno → — your rehab, stressed Bid $
Street locked · 07030 | $569,000 Flip Analysis — FlipScout
Property photo 1 Property photo 2 Property photo 3 Property photo 4 Property photo 5
Ask
$569,000
$829/sqft
Bid $
$418,236
Max bid / MAO
Room
~$150,764 over max bid · 26% of ask
vs max bid
Verdict
WALK
Pass at list
Rehab
$35,500
$52/sqft
ARV
$590,244

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 $ $418,236 · Ask $569,000

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 sqft686 sqft
ARV$590,244
List− $569,000
Rehab− $35,500
Gross profit$-14,256

Contextual market baseline

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

Street locked · 07030 · CONDOS $620,000 · 699 sqft
Street locked · 07030 · CONDOS $635,000 · 700 sqft
Street locked · 07030 · CONDOS $595,000 · 665 sqft

Net pro forma

Includes closing costs & 3.71-month carry

Buy closing (2%)$11,380
Holding carry$20,558
All-in capital$636,438
Sell costs (6%)− $35,415
Net proceeds$554,829
Net profit $-86,829
Photo triage & rehab band

Condition triage

FlipScout AI Inspector ·

This property presents as a solid cosmetic flip opportunity with dated finishes that require modernization to reach peak market value. While the living space is functional, the visible kitchen elements and overall styling suggest a need for comprehensive updates to appeal to today's buyers.

Rehab: $35,500

Renovation budget

Total: $35,500
Cosmetic rehab band (686 sqft × $45/sqft) $30,870
Contingency (15%) $4,630

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
686
Zip
07030

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