HOT DEAL ✓ Math verified AI Ollama Vision (llava)

4138 Rainey Ct Unit 6C

Newark, NJ 07102

3 bd · 1.0 ba · 1,736 sqft

Property photo 1 Property photo 2
List Price
$326,500
$188/sqft
Renovation
$95,000
$55/sqft
ARV
$498,385
$287/sqft
Gross Profit
$76,885
23.6% margin
Net Profit*
$28,467
6.5% ROI
Condition
5/10
Heavy renovation

ARV Build-Up

Core flip economics — formulas match FlipScout engine

List price (acquisition) $326,500
Renovation budget + $95,000
Renovation value-add (×1.5) + $142,500
Market premium (9.0% of list) + $29,385
After Repair Value (ARV) $498,385
ARV = List + (Reno × 1.5) + Market Premium
Gross Profit = ARV − List − Reno = $76,885

Net Pro Forma

*Includes closing costs & 4-month carry

All-in acquisition (list + 2% buy closing) $326,500 + $6,530
Hard costs (renovation) $95,000
Holding carry (4 mo) $11,985
Total capital deployed $440,015
ARV at disposition $498,385
Sell-side costs (6%) − $29,903
Net sale proceeds $468,482
Net profit $28,467
Net ROI on capital
6.5%
Net margin on ARV
5.7%

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: $95,000

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 $26,600
Bathrooms $19,000
Flooring & paint $20,900
Exterior / curb appeal $14,250
Contingency (10%) $14,250

Allocations sum to renovation budget · Adjust per inspection

Property Facts

Bedrooms
3
Bathrooms
1.0
Square Feet
1736 sqft
Zip / Market
07102
Hot Deal Threshold
>15% gross margin
Deal Status
Qualified Hot Deal
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