HOT DEAL ✓ Math verified AI Ollama Vision (llava)

821 Coral Ave

Charlotte, NC 28202

1 bd · 2.5 ba · 2,190 sqft

Property photo 1 Property photo 2
List Price
$182,500
$83/sqft
Renovation
$129,000
$59/sqft
ARV
$389,605
$178/sqft
Gross Profit
$78,105
42.8% margin
Net Profit*
$42,254
13.0% ROI
Condition
5/10
Heavy renovation

ARV Build-Up

Core flip economics — formulas match FlipScout engine

List price (acquisition) $182,500
Renovation budget + $129,000
Renovation value-add (×1.5) + $193,500
Market premium (7.5% of list) + $13,605
After Repair Value (ARV) $389,605
ARV = List + (Reno × 1.5) + Market Premium
Gross Profit = ARV − List − Reno = $78,105

Net Pro Forma

*Includes closing costs & 4-month carry

All-in acquisition (list + 2% buy closing) $182,500 + $3,650
Hard costs (renovation) $129,000
Holding carry (4 mo) $8,824
Total capital deployed $323,974
ARV at disposition $389,605
Sell-side costs (6%) − $23,376
Net sale proceeds $366,228
Net profit $42,254
Net ROI on capital
13.0%
Net margin on ARV
10.8%

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: $129,000

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 $36,120
Bathrooms $25,800
Flooring & paint $28,380
Exterior / curb appeal $19,350
Contingency (10%) $19,350

Allocations sum to renovation budget · Adjust per inspection

Property Facts

Bedrooms
1
Bathrooms
2.5
Square Feet
2190 sqft
Zip / Market
28202
Hot Deal Threshold
>15% gross margin
Deal Status
Qualified Hot Deal
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