Bid Check with my reno → — your rehab, stressed Bid $
Street locked · 07047 | $200,000 Flip Analysis — FlipScout
Property photo 1 Property photo 2 Property photo 3 Property photo 4 Property photo 5
Ask
$200,000
$286/sqft
Bid $
$150,903
Max bid / MAO
Room
~$49,097 over max bid · 25% of ask
vs max bid
Verdict
BID TARGET
Negotiate to $150,903
Rehab
$36,225
$52/sqft
ARV
$248,692

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 $ $150,903 · Ask $200,000

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 sqft700 sqft
ARV$248,692
List− $200,000
Rehab− $36,225
Gross profit$12,467

Contextual market baseline

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

Street locked · 07047 · CONDOS $230,000 · 673 sqft
Street locked · 07047 · CONDOS $275,000 · 660 sqft
Street locked · 07047 · CONDO $305,000 · 756 sqft

Net pro forma

Includes closing costs & 5.13-month carry

Buy closing (2%)$4,000
Holding carry$11,108
All-in capital$251,333
Sell costs (6%)− $14,922
Net proceeds$233,771
Net profit $-22,161
Photo triage & rehab band

Condition triage

FlipScout AI Inspector ·

Interior shows dated dark hardwood flooring that needs refinishing to a lighter, modern tone. Kitchen visible in background appears to be older builder-grade stock, likely requiring full replacement for a competitive flip. Walls need fresh neutral paint to brighten the space.

Rehab: $36,225

Renovation budget

Total: $36,225
Cosmetic rehab band (700 sqft × $45/sqft) $31,500
Contingency (15%) $4,725

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
8/100
35% weight
hidden repair risk
100/100
25% weight
neighborhood trajectory
20/100
25% weight
condition
60/100
15% weight
Beds
2
Baths
1.0
Sqft
700
Zip
07047

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