Bid Check with my reno → — your rehab, stressed Bid $
Street locked · 07960 | $640,000 Flip Analysis — FlipScout
Property photo 1 Property photo 2 Property photo 3 Property photo 4 Property photo 5
Ask
$640,000
$354/sqft
Bid $
$479,005
Max bid / MAO
Room
~$160,995 over max bid · 25% of ask
vs max bid
Verdict
WALK
Pass at list
Rehab
$91,486
$51/sqft
ARV
$703,127

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 $ $479,005 · Ask $640,000

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 sqft1807 sqft
ARV$703,127
List− $640,000
Rehab− $91,486
Gross profit$-28,359

Contextual market baseline

Sold comps for neighborhood context — not the ARV formula · 3 sales · last 6 mo · zip 07960

Street locked · 07960 · CONDOS $750,000 · 1910 sqft
Street locked · 07960 · SINGLE_FAMILY $765,000 · 1626 sqft
Street locked · 07960 · SINGLE_FAMILY $1,175,000 · 2036 sqft

Net pro forma

Includes closing costs & 4.27-month carry

Buy closing (2%)$12,800
Holding carry$28,632
All-in capital$772,918
Sell costs (6%)− $42,188
Net proceeds$660,940
Net profit $-79,366
Photo triage & rehab band

Condition triage

Library estimate

No contractor assessment on file for this listing.

ML baseline rehab: $91,486

Baseline notes

Investor scope checklist

  • ▸Kitchen cabinets/counters are primary value-add
  • ▸Flooring and paint drive resale perception
  • ▸Exterior curb appeal strongly impacts ARV
  • ▸Mechanicals assumed functional; verify on inspection

Renovation budget

Total: $91,486
Kitchen — Full Replacement $48,000
Bathroom — Full Renovation $18,000
Interior Paint (1,807 sqft × $3.00) $5,421
Flooring — Hardwood Refinish (1,807 sqft × $4.50) $8,132
Contingency (15%) $11,933

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

07960 (07960) signals softer conditions: margins ~1.6%, DOM ~45 days, avg price drops ~0.0. Tighten ARV and rehab assumptions.

Apex breakdown

Threshold 85+ = Apex Hot

profit margin
4/100
35% weight
hidden repair risk
100/100
25% weight
neighborhood trajectory
20/100
25% weight
condition
50/100
15% weight
Beds
2
Baths
3.0
Sqft
1807
Zip
07960

Assigns Condition Tier 1–4 from listing photos (gut / heavy / cosmetic / turnkey). Rehab $ comes from historical tier bands — not photo guessing. Usually ~30–90s.

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