HOT DEAL ✓ Math verified AI Ollama Vision (llava)

2984 Palm Pl

Seattle, WA 98101

2 bd · 2.0 ba · 3,115 sqft

Property photo 1 Property photo 2
List Price
$493,000
$158/sqft
Renovation
$45,500
$15/sqft
ARV
$615,366
$198/sqft
Gross Profit
$76,866
15.6% margin
Net Profit*
$14,730
2.6% ROI
Condition
8/10
Light cosmetic

ARV Build-Up

Core flip economics — formulas match FlipScout engine

List price (acquisition) $493,000
Renovation budget + $45,500
Renovation value-add (×1.5) + $68,250
Market premium (11.0% of list) + $54,116
After Repair Value (ARV) $615,366
ARV = List + (Reno × 1.5) + Market Premium
Gross Profit = ARV − List − Reno = $76,866

Net Pro Forma

*Includes closing costs & 4-month carry

All-in acquisition (list + 2% buy closing) $493,000 + $9,860
Hard costs (renovation) $45,500
Holding carry (4 mo) $15,354
Total capital deployed $563,714
ARV at disposition $615,366
Sell-side costs (6%) − $36,922
Net sale proceeds $578,444
Net profit $14,730
Net ROI on capital
2.6%
Net margin on ARV
2.4%

AI Vision Analysis

Ollama Vision (llava) · Condition 8/10 — Light cosmetic

GutTurnkey

Contractor Assessment

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

AI renovation estimate: $45,500

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 $15,925
Flooring touch-up $9,100
Landscaping / exterior $11,375
Misc & permits $9,100

Allocations sum to renovation budget · Adjust per inspection

Property Facts

Bedrooms
2
Bathrooms
2.0
Square Feet
3115 sqft
Zip / Market
98101
Hot Deal Threshold
>15% gross margin
Deal Status
Qualified Hot Deal
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