Bid Check with my reno → — your rehab, stressed Bid $
Street locked · 07601 | $280,000 Flip Analysis — FlipScout
Property photo 1 Property photo 2 Property photo 3 Property photo 4 Property photo 5
Ask
$280,000
$401/sqft
Bid $
$208,870
Max bid / MAO
Room
~$71,130 over max bid · 25% of ask
vs max bid
Verdict
WALK
Pass at list
Rehab
$36,122
$52/sqft
ARV
$201,719

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 $ $208,870 · Ask $280,000

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.

Go Pro $15/mo MAO calculator
Flip math

Value-add ARV

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

Implied ARV $/sqft
Subject sqft698 sqft
ARV$201,719
List− $280,000
Rehab− $36,122
Gross profit$-114,403

Contextual market baseline

Sold comps for neighborhood context — not the ARV formula · 3 sales · last 6 mo · zip 07601

Street locked · 07601 · CONDO $283,900 · 680 sqft
Street locked · 07601 · CONDO $270,000 · 670 sqft
Street locked · 07601 · CONDOS $305,000 · 669 sqft

Net pro forma

Includes closing costs & 4.63-month carry

Buy closing (2%)$5,600
Holding carry$13,417
All-in capital$335,139
Sell costs (6%)− $12,103
Net proceeds$189,615
Net profit $-36,162
Photo triage & rehab band

Condition triage

FlipScout AI Inspector ·

Kitchen features dated orange wood cabinetry and older countertops that require a full modernization to increase value. Hardwood floors have a reddish/orange tone typical of older finishes that need sanding and refinishing to a modern stain. Walls are plain white and need a fresh coat of modern neutral paint. No structural issues are visible, indicating a cosmetic flip.

Rehab: $36,122

Renovation budget

Total: $36,122
Cosmetic rehab band (698 sqft × $45/sqft) $31,410
Contingency (15%) $4,712

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

07601 (07601) signals softer conditions: margins ~3.0%, DOM ~45 days, avg price drops ~0.0. Tighten ARV and rehab assumptions.

Apex breakdown

Threshold 85+ = Apex Hot

profit margin
2/100
35% weight
hidden repair risk
100/100
25% weight
neighborhood trajectory
20/100
25% weight
condition
60/100
15% weight
Beds
1
Baths
1.0
Sqft
698
Zip
07601

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