Bid Check with my reno → — your rehab, stressed Bid $
Street locked · 07306 | $399,000 Flip Analysis — FlipScout
Property photo 1 Property photo 2 Property photo 3 Property photo 4 Property photo 5
Ask
$399,000
$274/sqft
Bid $
$353,014
Max bid / MAO
Room
ARV check required
vs max bid
Verdict
WALK
ARV/ask > 1.75× — Need ARV check before CLEARS.
Rehab
$389,047
$267/sqft
ARV
$531,050

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 $ $353,014 · Ask $399,000

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 sqft1457 sqft
ARV$531,050
List− $399,000
Rehab− $389,047
Gross profit$-256,997

Contextual market baseline

Sold comps for neighborhood context — not the ARV formula · 3 sales · last 6 mo · zip 07306

Street locked · 07306 · CONDOS $825,000 · 1477 sqft
Street locked · 07306 · CONDO $400,000 · 1335 sqft
Street locked · 07306 · CONDOS $400,000 · 1335 sqft

Net pro forma

Includes closing costs & 4.78-month carry

Buy closing (2%)$7,980
Holding carry$34,530
All-in capital$830,557
Sell costs (6%)− $31,863
Net proceeds$499,187
Net profit $67,295
Photo triage & rehab band

Condition triage

FlipScout AI Inspector ·

This property presents as a cosmetic renovation opportunity with solid structural elements and original hardwood floors. The interior is dated but functional, requiring surface updates and likely kitchen and bath modernization to meet market standards.

Rehab: $389,047

Renovation budget

Total: $389,047
Cosmetic rehab band (1,457 sqft × $45/sqft) $65,565
Contingency (15%) $9,835

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

07306 (07306) signals softer conditions: margins ~1.6%, DOM ~45 days, avg price drops ~0.0. Tighten ARV and rehab assumptions.

Beds
3
Baths
1.0
Sqft
1457
Zip
07306

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