HOT DEAL ✓ Math verified AI Ollama Vision (llava)

1867 Lincoln Ln Apt 29

Indianapolis, IN 46204

5 bd · 3.0 ba · 2,457 sqft

Property photo 1 Property photo 2
List Price
$203,500
$83/sqft
Renovation
$28,900
$12/sqft
ARV
$275,739
$112/sqft
Gross Profit
$43,339
21.3% margin
Net Profit*
$16,104
6.6% ROI
Condition
3/10
Gut rehab

ARV Build-Up

Core flip economics — formulas match FlipScout engine

List price (acquisition) $203,500
Renovation budget + $28,900
Renovation value-add (×1.5) + $43,350
Market premium (14.2% of list) + $28,889
After Repair Value (ARV) $275,739
ARV = List + (Reno × 1.5) + Market Premium
Gross Profit = ARV − List − Reno = $43,339

Net Pro Forma

*Includes closing costs & 4-month carry

All-in acquisition (list + 2% buy closing) $203,500 + $4,070
Hard costs (renovation) $28,900
Holding carry (4 mo) $6,621
Total capital deployed $243,091
ARV at disposition $275,739
Sell-side costs (6%) − $16,544
Net sale proceeds $259,195
Net profit $16,104
Net ROI on capital
6.6%
Net margin on ARV
5.8%

AI Vision Analysis

Ollama Vision (llava) · Condition 3/10 — Gut rehab

GutTurnkey

Contractor Assessment

Major cosmetic and systems update needed. Roof and HVAC may require attention.

AI renovation estimate: $28,900

Investor Scope Checklist

  • Major cosmetic and systems update needed. Roof and HVAC may require attention.
  • Full kitchen replacement likely required
  • Bathrooms need modernization or full gut
  • Check roof, HVAC, and electrical panel capacity
  • Budget 10–15% contingency for hidden conditions

Renovation Budget Allocation

Kitchen & cabinets $6,358
Bathrooms $5,202
Flooring $3,468
Roof / envelope $4,335
HVAC / electrical / plumbing $5,202
Contingency (10%) $4,335

Allocations sum to renovation budget · Adjust per inspection

Property Facts

Bedrooms
5
Bathrooms
3.0
Square Feet
2457 sqft
Zip / Market
46204
Hot Deal Threshold
>15% gross margin
Deal Status
Qualified Hot Deal
← Back to Deal Sheet Browse Library