Bid Check with my reno → — your rehab, stressed Bid $
Street locked · 07306 | $399,000 Flip Analysis — FlipScout
Ask
$399,000
$532/sqft
Bid $
$281,912
Max bid / MAO
Room
~$117,088 over max bid · 29% of ask
vs max bid
Verdict
WALK
Pass at list
Rehab
$82,369
$110/sqft
ARV
$321,602

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 $ $281,912 · Ask $399,000

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 sqft750 sqft
ARV$321,602
List− $399,000
Rehab− $82,369
Gross profit$-159,767

Contextual market baseline

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

Street locked · 07306 · CONDOS $299,000 · 751 sqft
Street locked · 07306 · CONDOS $265,000 · 685 sqft
Street locked · 07306 · CONDOS $410,000 · 830 sqft

Net pro forma

Includes closing costs & 3.97-month carry

Buy closing (2%)$7,980
Holding carry$17,518
All-in capital$506,867
Sell costs (6%)− $19,296
Net proceeds$302,306
Net profit $-65,732
Photo triage & rehab band

Condition triage

Library estimate

No contractor assessment on file for this listing.

ML baseline rehab: $82,369

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: $82,369
Kitchen — Full Replacement $48,000
Bathroom — Full Renovation $18,000
Interior Paint (750 sqft × $3.00) $2,250
Flooring — Hardwood Refinish (750 sqft × $4.50) $3,375
Contingency (15%) $10,744

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
6/100
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
750
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.

Similar flips

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

← Bid/Pass Tape