List Price
$188,500
$108/sqft
Renovation
$106,000
$60/sqft
ARV
$365,294
$208/sqft
Gross Profit
$70,794
37.6% margin
Net Profit*
$36,754
12.0% ROI
Condition
5/10
Heavy renovation
ARV Build-Up
Core flip economics — formulas match FlipScout engine
| List price (acquisition) | $188,500 |
| Renovation budget | + $106,000 |
| Renovation value-add (×1.5) | + $159,000 |
| Market premium (9.4% of list) | + $17,794 |
| After Repair Value (ARV) | $365,294 |
ARV = List + (Reno × 1.5) + Market Premium
Gross Profit = ARV − List − Reno = $70,794
Gross Profit = ARV − List − Reno = $70,794
Net Pro Forma
*Includes closing costs & 4-month carry
| All-in acquisition (list + 2% buy closing) | $188,500 + $3,770 |
| Hard costs (renovation) | $106,000 |
| Holding carry (4 mo) | $8,352 |
| Total capital deployed | $306,622 |
| ARV at disposition | $365,294 |
| Sell-side costs (6%) | − $21,918 |
| Net sale proceeds | $343,376 |
| Net profit | $36,754 |
Net ROI on capital
12.0%
Net margin on ARV
10.1%
AI Vision Analysis
Ollama Vision (llava) · Condition 5/10 — Heavy renovation
GutTurnkey
Contractor Assessment
Kitchen cabinets worn but functional. New countertops and flooring would modernize quickly.
AI renovation estimate: $106,000
Investor Scope Checklist
- ▸Kitchen cabinets worn but functional. New countertops and flooring would modernize quickly.
- ▸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 Allocation
Kitchen refresh
$29,680
Bathrooms
$21,200
Flooring & paint
$23,320
Exterior / curb appeal
$15,900
Contingency (10%)
$15,900
Allocations sum to renovation budget · Adjust per inspection
Property Facts
- Bedrooms
- 4
- Bathrooms
- 2.5
- Square Feet
- 1753 sqft
- Zip / Market
- 48226
- Hot Deal Threshold
- >15% gross margin
- Deal Status
- Qualified Hot Deal