Bid Check with my reno → — your rehab, stressed Bid $
Street locked · 07030 | $699,000 Flip Analysis — FlipScout
Ask
$699,000
$892/sqft
Bid $
$513,293
Max bid / MAO
Room
~$185,707 over max bid · 27% of ask
vs max bid
Verdict
WALK
Pass at list
Rehab
$40,572
$52/sqft
ARV
$674,407

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 $ $513,293 · Ask $699,000

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 sqft784 sqft
ARV$674,407
List− $699,000
Rehab− $40,572
Gross profit$-65,165

Contextual market baseline

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

Street locked · 07030 · CONDOS $630,000 · 779 sqft
Street locked · 07030 · CONDOS $700,000 · 804 sqft
Street locked · 07030 · CONDOS $825,000 · 812 sqft

Net pro forma

Includes closing costs & 3.2-month carry

Buy closing (2%)$13,980
Holding carry$21,694
All-in capital$775,246
Sell costs (6%)− $40,464
Net proceeds$633,942
Net profit $-107,736
Photo triage & rehab band

Condition triage

FlipScout AI Inspector ·

This property presents a solid cosmetic flip opportunity with good bones and desirable high ceilings. Primary value-add tasks involve modernizing the dated kitchen and refinishing the hardwood floors to appeal to contemporary buyers.

Rehab: $40,572

Renovation budget

Total: $40,572
Cosmetic rehab band (784 sqft × $45/sqft) $35,280
Contingency (15%) $5,292

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
784
Zip
07030

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