Bid Check with my reno → — your rehab, stressed Bid $
Street locked · 07047 | $439,000 Flip Analysis — FlipScout
Ask
$439,000
$414/sqft
Bid $
$327,187
Max bid / MAO
Room
~$111,813 over max bid · 25% of ask
vs max bid
Verdict
WALK
Pass at list
Rehab
$54,855
$52/sqft
ARV
$376,591

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 $ $327,187 · Ask $439,000

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 sqft1060 sqft
ARV$376,591
List− $439,000
Rehab− $54,855
Gross profit$-117,264

Contextual market baseline

Sold comps for neighborhood context — not the ARV formula · 3 sales · last 6 mo · zip 07047

Street locked · 07047 · CONDOS $705,000 · 1298 sqft
Street locked · 07047 · SINGLE_FAMILY $550,000 · 1352 sqft
Street locked · 07047 · CONDO $305,000 · 756 sqft

Net pro forma

Includes closing costs & 4.83-month carry

Buy closing (2%)$8,780
Holding carry$21,865
All-in capital$524,500
Sell costs (6%)− $22,595
Net proceeds$353,996
Net profit $-57,323
Photo triage & rehab band

Condition triage

FlipScout AI Inspector ·

Exterior view of an older high-rise building. Facade appears weathered and dated, requiring exterior painting. Grounds have mature trees but likely need basic landscaping cleanup. Interior renovation scope cannot be determined from this exterior angle.

Rehab: $54,855

Renovation budget

Total: $54,855
Cosmetic rehab band (1,060 sqft × $45/sqft) $47,700
Contingency (15%) $7,155

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

07047 (07047) signals softer conditions: margins ~2.1%, DOM ~45 days, avg price drops ~0.0. Tighten ARV and rehab assumptions.

Apex breakdown

Threshold 85+ = Apex Hot

profit margin
2/100
35% weight
hidden repair risk
100/100
25% weight
neighborhood trajectory
20/100
25% weight
condition
50/100
15% weight
Beds
1
Baths
2.0
Sqft
1060
Zip
07047

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