Bid Check with my reno → — your rehab, stressed Bid $
Street locked · 07047 | $328,888 Flip Analysis — FlipScout
Property photo 1 Property photo 2 Property photo 3 Property photo 4 Property photo 5
Ask
$328,888
$404/sqft
Bid $
$249,910
Max bid / MAO
Room
~$78,978 over max bid · 24% of ask
vs max bid
Verdict
WALK
Pass at list
Rehab
$70,294
$86/sqft
ARV
$289,549

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 $ $249,910 · Ask $328,888

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.

Go Pro $15/mo MAO calculator
Flip math

Value-add ARV

ARV = adjusted list + (rehab × 1.5) · zip avm

Implied ARV $/sqft
Subject sqft815 sqft
ARV$289,549
List− $328,888
Rehab− $70,294
Gross profit$-109,633

Contextual market baseline

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

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

Net pro forma

Includes closing costs & 5.33-month carry

Buy closing (2%)$6,578
Holding carry$19,503
All-in capital$425,263
Sell costs (6%)− $17,373
Net proceeds$272,176
Net profit $-32,667
Photo triage & rehab band

Condition triage

FlipScout AI Inspector ·

Mid-century multi-unit complex showing significant exterior wear, including faded siding and dated windows. Landscaping is overgrown. Building age (likely 1960s/70s) strongly implies interiors require full modernization (kitchen, bath, flooring) and major system updates (HVAC, electrical, plumbing) to be marketable as a flip.

Rehab: $70,294

Renovation budget

Total: $70,294
Heavy rehab band (815 sqft × $75/sqft) $61,125
Contingency (15%) $9,169

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
11/100
35% weight
hidden repair risk
100/100
25% weight
neighborhood trajectory
20/100
25% weight
condition
40/100
15% weight
Beds
1
Baths
1.0
Sqft
815
Zip
07047

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