Bid Check with my reno → — your rehab, stressed Bid $
Street locked · 07030 | $479,000 Flip Analysis — FlipScout
Ask
$479,000
$636/sqft
Bid $
$330,938
Max bid / MAO
Room
~$148,062 over max bid · 31% of ask
vs max bid
Verdict
WALK
Pass at list
Rehab
$82,394
$109/sqft
ARV
$550,579

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 $ $330,938 · Ask $479,000

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 sqft753 sqft
ARV$550,579
List− $479,000
Rehab− $82,394
Gross profit$-10,815

Contextual market baseline

Sold comps for neighborhood context — not the ARV formula · 3 sales · last 6 mo · zip 07030

Street locked · 07030 · CONDOS $749,900 · 735 sqft
Street locked · 07030 · CONDOS $606,000 · 730 sqft
Street locked · 07030 · CONDOS $630,000 · 779 sqft

Net pro forma

Includes closing costs & 3.57-month carry

Buy closing (2%)$9,580
Holding carry$18,372
All-in capital$589,346
Sell costs (6%)− $33,035
Net proceeds$517,544
Net profit $-90,496
Photo triage & rehab band

Condition triage

Library estimate

No contractor assessment on file for this listing.

ML baseline rehab: $82,394

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: $82,394
Kitchen — Full Replacement $48,000
Bathroom — Full Renovation $18,000
Interior Paint (753 sqft × $3.00) $2,259
Flooring — Hardwood Refinish (753 sqft × $4.50) $3,388
Contingency (15%) $10,747

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

07030 (07030) signals softer conditions: margins ~-0.4%, DOM ~45 days, avg price drops ~0.0. Tighten ARV and rehab assumptions.

Apex breakdown

Threshold 85+ = Apex Hot

profit margin
1/100
35% weight
hidden repair risk
100/100
25% weight
neighborhood trajectory
20/100
25% weight
condition
50/100
15% weight
Beds
1
Baths
1.0
Sqft
753
Zip
07030

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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