Bid Check with my reno → — your rehab, stressed Bid $
Street locked · 07047 | $430,000 Flip Analysis — FlipScout
Ask
$430,000
$347/sqft
Bid $
$313,537
Max bid / MAO
Room
~$116,463 over max bid · 27% of ask
vs max bid
Verdict
WALK
Pass at list
Rehab
$11,408
$9/sqft
ARV
$440,540

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 $ $313,537 · Ask $430,000

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 sqft1240 sqft
ARV$440,540
List− $430,000
Rehab− $11,408
Gross profit$-868

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 $875,000 · 1375 sqft

Net pro forma

Includes closing costs & 4.03-month carry

Buy closing (2%)$8,600
Holding carry$16,306
All-in capital$466,314
Sell costs (6%)− $26,432
Net proceeds$414,108
Net profit $-71,045
Photo triage & rehab band

Condition triage

FlipScout AI Inspector ·

Living area is bright with recessed lighting and large windows, but features dated honey-toned hardwood floors that require refinishing to a modern neutral. Walls appear white but need fresh paint for a turnover. Hallway bath shows modern elements, suggesting the scope is primarily cosmetic updates to flooring and paint.

Rehab: $11,408

Renovation budget

Total: $11,408
Turnkey band (1,240 sqft × $8/sqft) $9,920
Contingency (15%) $1,488

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
1240
Zip
07047

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

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