List Price
$232,000
$91/sqft
Renovation
$29,400
$12/sqft
ARV
$309,708
$122/sqft
Gross Profit
$48,308
20.8% margin
Net Profit*
$17,636
6.5% ROI
Condition
6/10
Moderate renovation
ARV Build-Up
Core flip economics — formulas match FlipScout engine
| List price (acquisition) | $232,000 |
| Renovation budget | + $29,400 |
| Renovation value-add (×1.5) | + $44,100 |
| Market premium (14.5% of list) | + $33,608 |
| After Repair Value (ARV) | $309,708 |
ARV = List + (Reno × 1.5) + Market Premium
Gross Profit = ARV − List − Reno = $48,308
Gross Profit = ARV − List − Reno = $48,308
Net Pro Forma
*Includes closing costs & 4-month carry
| All-in acquisition (list + 2% buy closing) | $232,000 + $4,640 |
| Hard costs (renovation) | $29,400 |
| Holding carry (4 mo) | $7,449 |
| Total capital deployed | $273,489 |
| ARV at disposition | $309,708 |
| Sell-side costs (6%) | − $18,582 |
| Net sale proceeds | $291,126 |
| Net profit | $17,636 |
Net ROI on capital
6.5%
Net margin on ARV
5.7%
AI Vision Analysis
Ollama Vision (llava) · Condition 6/10 — Moderate renovation
GutTurnkey
Contractor Assessment
Open floor plan potential. Bathrooms dated but serviceable — mid-tier renovation scope.
AI renovation estimate: $29,400
Investor Scope Checklist
- ▸Open floor plan potential. Bathrooms dated but serviceable — mid-tier renovation scope.
- ▸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
$8,232
Bathrooms
$5,880
Flooring & paint
$6,468
Exterior / curb appeal
$4,410
Contingency (10%)
$4,410
Allocations sum to renovation budget · Adjust per inspection
Property Facts
- Bedrooms
- 1
- Bathrooms
- 2.0
- Square Feet
- 2539 sqft
- Zip / Market
- 46204
- Hot Deal Threshold
- >15% gross margin
- Deal Status
- Qualified Hot Deal