Bid Check with my reno → — your rehab, stressed Bid $
Street locked · 07030 | $799,999 Flip Analysis — FlipScout
Ask
$799,999
$1,102/sqft
Bid $
$586,621
Max bid / MAO
Room
~$213,378 over max bid · 27% of ask
vs max bid
Verdict
WALK
Pass at list
Rehab
$41,328
$57/sqft
ARV
$624,660

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 $ $586,621 · Ask $799,999

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 sqft726 sqft
ARV$624,660
List− $799,999
Rehab− $41,328
Gross profit$-216,667

Contextual market baseline

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

Street locked · 07030 · CONDOS $606,000 · 730 sqft
Street locked · 07030 · CONDOS $749,900 · 735 sqft
Street locked · 07030 · CONDOS $635,000 · 700 sqft

Net pro forma

Includes closing costs & 3.49-month carry

Buy closing (2%)$16,000
Holding carry$26,915
All-in capital$884,242
Sell costs (6%)− $37,480
Net proceeds$587,181
Net profit $-125,100
Photo triage & rehab band

Condition triage

FlipScout AI Inspector ·

The unit features premium waterfront views but exhibits dated cosmetic finishes, specifically yellow wall paint. A light cosmetic renovation is required to modernize the space and maximize resale value for a flip.

Rehab: $41,328

Renovation budget

Total: $41,328
Cosmetic rehab band (726 sqft × $50/sqft) $35,937
Contingency (15%) $5,391

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
726
Zip
07030

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