Bid Check with my reno → — your rehab, stressed Bid $
Street locked · 07047 | $289,000 Flip Analysis — FlipScout
Ask
$289,000
$459/sqft
Bid $
$214,816
Max bid / MAO
Room
~$74,184 over max bid · 26% of ask
vs max bid
Verdict
WALK
Pass at list
Rehab
$32,602
$52/sqft
ARV
$216,213

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 $ $214,816 · Ask $289,000

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 sqft630 sqft
ARV$216,213
List− $289,000
Rehab− $32,602
Gross profit$-105,389

Contextual market baseline

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

Street locked · 07047 · CONDOS $240,000 · 630 sqft
Street locked · 07047 · CONDOS $275,000 · 660 sqft
Street locked · 07047 · CONDOS $255,000 · 670 sqft

Net pro forma

Includes closing costs & 4.07-month carry

Buy closing (2%)$5,780
Holding carry$11,998
All-in capital$339,380
Sell costs (6%)− $12,973
Net proceeds$203,241
Net profit $-38,972
Photo triage & rehab band

Condition triage

FlipScout AI Inspector ·

Exterior features dated yellow brick requiring paint or extensive cleaning to improve curb appeal. Landscaping is non-existent. As a vintage multi-family, interior units likely require full modernization including kitchens, baths, and electrical updates.

Rehab: $32,602

Renovation budget

Total: $32,602
Cosmetic rehab band (630 sqft × $45/sqft) $28,350
Contingency (15%) $4,252

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
1/100
35% weight
hidden repair risk
100/100
25% weight
neighborhood trajectory
20/100
25% weight
condition
50/100
15% weight
Beds
1
Baths
1.0
Sqft
630
Zip
07047

Similar flips

Same zip or nearby price band — Bid/Pass Tape rows

← Bid/Pass Tape