Bid Check with my reno → — your rehab, stressed Bid $
Street locked · 07030 | $650,000 Flip Analysis — FlipScout
Ask
$650,000
$812/sqft
Bid $
$472,429
Max bid / MAO
Room
~$177,571 over max bid · 27% of ask
vs max bid
Verdict
WALK
Pass at list
Rehab
$7,360
$9/sqft
ARV
$694,274

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 $ $472,429 · Ask $650,000

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 sqft800 sqft
ARV$694,274
List− $650,000
Rehab− $7,360
Gross profit$36,914

Contextual market baseline

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

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

Net pro forma

Includes closing costs & 3.2-month carry

Buy closing (2%)$13,000
Holding carry$19,283
All-in capital$689,643
Sell costs (6%)− $41,656
Net proceeds$652,618
Net profit $-110,754
Photo triage & rehab band

Condition triage

FlipScout AI Inspector ·

This property appears to be a light cosmetic flip candidate with strong structural bones and modern finishes already in place. The primary scope involves refining the existing hardwood floors and freshening up paint to maximize buyer appeal.

Rehab: $7,360

Renovation budget

Total: $7,360
Turnkey band (800 sqft × $8/sqft) $6,400
Contingency (15%) $960

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
1
Baths
1.0
Sqft
800
Zip
07030

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