Bid Check with my reno → — your rehab, stressed Bid $
Street locked · 07047 | $670,000 Flip Analysis — FlipScout
Property photo 1 Property photo 2 Property photo 3 Property photo 4 Property photo 5
Ask
$670,000
$530/sqft
Bid $
$496,340
Max bid / MAO
Room
~$173,660 over max bid · 26% of ask
vs max bid
Verdict
WALK
Pass at list
Rehab
$65,360
$52/sqft
ARV
$442,879

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 $ $496,340 · Ask $670,000

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 sqft1263 sqft
ARV$442,879
List− $670,000
Rehab− $65,360
Gross profit$-292,481

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 · CONDOS $580,000 · 1400 sqft

Net pro forma

Includes closing costs & 4.57-month carry

Buy closing (2%)$13,400
Holding carry$30,805
All-in capital$779,565
Sell costs (6%)− $26,573
Net proceeds$416,306
Net profit $-93,948
Photo triage & rehab band

Condition triage

FlipScout AI Inspector ·

Exterior view of a multi-story condo complex. Landscaping is overgrown and obscures the lower facade. Building envelope appears stable but dated; entrance area and trim would benefit from refreshing to boost curb appeal. Interior condition is not visible.

Rehab: $65,360

Renovation budget

Total: $65,360
Cosmetic rehab band (1,263 sqft × $45/sqft) $56,835
Contingency (15%) $8,525

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.

Beds
2
Baths
2.0
Sqft
1263
Zip
07047

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