HOT DEAL ✓ Math verified AI Ollama Vision (llava)

868 Spring Ct

Chicago, IL 60601

3 bd · 2.0 ba · 2,189 sqft

Property photo 1 Property photo 2
List Price
$342,500
$156/sqft
Renovation
$70,000
$32/sqft
ARV
$484,836
$221/sqft
Gross Profit
$72,336
21.1% margin
Net Profit*
$24,654
5.7% ROI
Condition
6/10
Moderate renovation

ARV Build-Up

Core flip economics — formulas match FlipScout engine

List price (acquisition) $342,500
Renovation budget + $70,000
Renovation value-add (×1.5) + $105,000
Market premium (10.9% of list) + $37,336
After Repair Value (ARV) $484,836
ARV = List + (Reno × 1.5) + Market Premium
Gross Profit = ARV − List − Reno = $72,336

Net Pro Forma

*Includes closing costs & 4-month carry

All-in acquisition (list + 2% buy closing) $342,500 + $6,850
Hard costs (renovation) $70,000
Holding carry (4 mo) $11,742
Total capital deployed $431,092
ARV at disposition $484,836
Sell-side costs (6%) − $29,090
Net sale proceeds $455,745
Net profit $24,654
Net ROI on capital
5.7%
Net margin on ARV
5.1%

AI Vision Analysis

Ollama Vision (llava) · Condition 6/10 — Moderate renovation

GutTurnkey

Contractor Assessment

Kitchen cabinets worn but functional. New countertops and flooring would modernize quickly.

AI renovation estimate: $70,000

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 $19,600
Bathrooms $14,000
Flooring & paint $15,400
Exterior / curb appeal $10,500
Contingency (10%) $10,500

Allocations sum to renovation budget · Adjust per inspection

Property Facts

Bedrooms
3
Bathrooms
2.0
Square Feet
2189 sqft
Zip / Market
60601
Hot Deal Threshold
>15% gross margin
Deal Status
Qualified Hot Deal
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