Bid Check with my reno → — your rehab, stressed Bid $
Street locked · 07306 | $510,000 Flip Analysis — FlipScout
Property photo 1 Property photo 2 Property photo 3 Property photo 4 Property photo 5
Ask
$510,000
$485/sqft
Bid $
$370,720
Max bid / MAO
Room
~$139,280 over max bid · 27% of ask
vs max bid
Verdict
WALK
Pass at list
Rehab
$84,974
$81/sqft
ARV
$451,100

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 $ $370,720 · Ask $510,000

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 sqft1052 sqft
ARV$451,100
List− $510,000
Rehab− $84,974
Gross profit$-143,874

Contextual market baseline

Sold comps for neighborhood context — not the ARV formula · 3 sales · last 6 mo · zip 07306

Street locked · 07306 · CONDOS $599,000 · 1063 sqft
Street locked · 07306 · CONDOS $580,000 · 1080 sqft
Street locked · 07306 · CONDOS $419,000 · 974 sqft

Net pro forma

Includes closing costs & 4.16-month carry

Buy closing (2%)$10,200
Holding carry$22,688
All-in capital$627,862
Sell costs (6%)− $27,066
Net proceeds$424,034
Net profit $-74,632
Photo triage & rehab band

Condition triage

Library estimate

No contractor assessment on file for this listing.

ML baseline rehab: $84,974

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: $84,974
Kitchen — Full Replacement $48,000
Bathroom — Full Renovation $18,000
Interior Paint (1,052 sqft × $3.00) $3,156
Flooring — Hardwood Refinish (1,052 sqft × $4.50) $4,734
Contingency (15%) $11,084

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

07306 (07306) 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
0
Baths
None
Sqft
1052
Zip
07306

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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