HOT DEAL ✓ Math verified AI Ollama Vision (llava)

3090 Bay Ave

Chicago, IL 60601

1 bd · 2.0 ba · 2,009 sqft

Property photo 1 Property photo 2
List Price
$169,000
$84/sqft
Renovation
$70,000
$35/sqft
ARV
$298,687
$149/sqft
Gross Profit
$59,687
35.3% margin
Net Profit*
$31,599
12.7% ROI
Condition
9/10
Light cosmetic

ARV Build-Up

Core flip economics — formulas match FlipScout engine

List price (acquisition) $169,000
Renovation budget + $70,000
Renovation value-add (×1.5) + $105,000
Market premium (14.6% of list) + $24,687
After Repair Value (ARV) $298,687
ARV = List + (Reno × 1.5) + Market Premium
Gross Profit = ARV − List − Reno = $59,687

Net Pro Forma

*Includes closing costs & 4-month carry

All-in acquisition (list + 2% buy closing) $169,000 + $3,380
Hard costs (renovation) $70,000
Holding carry (4 mo) $6,787
Total capital deployed $249,167
ARV at disposition $298,687
Sell-side costs (6%) − $17,921
Net sale proceeds $280,766
Net profit $31,599
Net ROI on capital
12.7%
Net margin on ARV
10.6%

AI Vision Analysis

Ollama Vision (llava) · Condition 9/10 — Light cosmetic

GutTurnkey

Contractor Assessment

Well maintained with updated mechanicals. Light cosmetic touch-ups recommended.

AI renovation estimate: $70,000

Investor Scope Checklist

  • Well maintained with updated mechanicals. Light cosmetic touch-ups recommended.
  • Cosmetic refresh — paint, hardware, landscaping
  • Minimal structural risk at this condition score
  • Fast turn potential with light contractor scope
  • Focus on staging and market positioning at resale

Renovation Budget Allocation

Paint & finishes $24,500
Flooring touch-up $14,000
Landscaping / exterior $17,500
Misc & permits $14,000

Allocations sum to renovation budget · Adjust per inspection

Property Facts

Bedrooms
1
Bathrooms
2.0
Square Feet
2009 sqft
Zip / Market
60601
Hot Deal Threshold
>15% gross margin
Deal Status
Qualified Hot Deal
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