Bid Check with my reno → — your rehab, stressed Bid $
Street locked · 07304 | $247,200 Flip Analysis — FlipScout
Property photo 1 Property photo 2 Property photo 3 Property photo 4 Property photo 5
Ask
$247,200
$347/sqft
Bid $
$149,661
Max bid / MAO
Room
~$97,539 over max bid · 39% of ask
vs max bid
Verdict
WALK
Pass at list
Rehab
$82,041
$115/sqft
ARV
$251,007

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 $ $149,661 · Ask $247,200

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 sqft712 sqft
ARV$251,007
List− $247,200
Rehab− $82,041
Gross profit$-78,234

Contextual market baseline

Sold comps for neighborhood context — not the ARV formula · 3 sales · last 6 mo · zip 07304

Street locked · 07304 · CONDOS $430,000 · 718 sqft
Street locked · 07304 · CONDOS $255,000 · 615 sqft
Street locked · 07304 · OTHER $299,900 · 590 sqft

Net pro forma

Includes closing costs & 3.3-month carry

Buy closing (2%)$4,944
Holding carry$9,960
All-in capital$344,145
Sell costs (6%)− $15,060
Net proceeds$235,946
Net profit $-66,085
Photo triage & rehab band

Condition triage

Library estimate

No contractor assessment on file for this listing.

ML baseline rehab: $82,041

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: $82,041
Kitchen — Full Replacement $48,000
Bathroom — Full Renovation $18,000
Interior Paint (712 sqft × $3.00) $2,136
Flooring — Hardwood Refinish (712 sqft × $4.50) $3,204
Contingency (15%) $10,701

Rehab from historical Condition Tier $/sqft band × subject sqft — not vision-invented GC quotes. Verify with a licensed contractor before closing.

Neighborhood & Apex

Trajectory: Stable

No enrichment data.

Apex breakdown

Threshold 85+ = Apex Hot

profit margin
8/100
35% weight
hidden repair risk
100/100
25% weight
neighborhood trajectory
60/100
25% weight
condition
50/100
15% weight
Beds
1
Baths
1.0
Sqft
712
Zip
07304

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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