Bid Check with my reno → — your rehab, stressed Bid $
Street locked · 07307 | $375,000 Flip Analysis — FlipScout
Ask
$375,000
$487/sqft
Bid $
$264,358
Max bid / MAO
Room
~$110,642 over max bid · 30% of ask
vs max bid
Verdict
WALK
Pass at list
Rehab
$82,541
$107/sqft
ARV
$366,108

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 $ $264,358 · Ask $375,000

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 sqft770 sqft
ARV$366,108
List− $375,000
Rehab− $82,541
Gross profit$-91,433

Contextual market baseline

Sold comps for neighborhood context — not the ARV formula · 3 sales · last 6 mo · zip 07307

Street locked · 07307 · CONDOS $315,000 · 700 sqft
Street locked · 07307 · CONDO $365,000 · 644 sqft
Street locked · 07307 · CONDOS $330,000 · 620 sqft

Net pro forma

Includes closing costs & 5.53-month carry

Buy closing (2%)$7,500
Holding carry$23,194
All-in capital$488,235
Sell costs (6%)− $21,966
Net proceeds$344,141
Net profit $-61,708
Photo triage & rehab band

Condition triage

Library estimate

No contractor assessment on file for this listing.

ML baseline rehab: $82,541

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: $82,541
Kitchen — Full Replacement $48,000
Bathroom — Full Renovation $18,000
Interior Paint (770 sqft × $3.00) $2,310
Flooring — Hardwood Refinish (770 sqft × $4.50) $3,465
Contingency (15%) $10,766

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

07307 (07307) signals softer conditions: margins ~0.9%, DOM ~45 days, avg price drops ~0.0. Tighten ARV and rehab assumptions.

Apex breakdown

Threshold 85+ = Apex Hot

profit margin
7/100
35% weight
hidden repair risk
100/100
25% weight
neighborhood trajectory
20/100
25% weight
condition
50/100
15% weight
Beds
2
Baths
1.0
Sqft
770
Zip
07307

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

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