HOT DEAL ✓ Math verified AI Ollama Vision (llava)

2468 Oak Pl

Jersey City, NJ 07302

1 bd · 1.5 ba · 2,668 sqft

Property photo 1 Property photo 2
List Price
$406,500
$152/sqft
Renovation
$42,200
$16/sqft
ARV
$513,796
$193/sqft
Gross Profit
$65,096
16.0% margin
Net Profit*
$13,347
2.8% ROI
Condition
7/10
Moderate renovation

ARV Build-Up

Core flip economics — formulas match FlipScout engine

List price (acquisition) $406,500
Renovation budget + $42,200
Renovation value-add (×1.5) + $63,300
Market premium (10.8% of list) + $43,996
After Repair Value (ARV) $513,796
ARV = List + (Reno × 1.5) + Market Premium
Gross Profit = ARV − List − Reno = $65,096

Net Pro Forma

*Includes closing costs & 4-month carry

All-in acquisition (list + 2% buy closing) $406,500 + $8,130
Hard costs (renovation) $42,200
Holding carry (4 mo) $12,791
Total capital deployed $469,621
ARV at disposition $513,796
Sell-side costs (6%) − $30,828
Net sale proceeds $482,968
Net profit $13,347
Net ROI on capital
2.8%
Net margin on ARV
2.6%

AI Vision Analysis

Ollama Vision (llava) · Condition 7/10 — Moderate renovation

GutTurnkey

Contractor Assessment

Exterior paint and landscaping refresh needed. Interior mostly livable with cosmetic updates.

AI renovation estimate: $42,200

Investor Scope Checklist

  • Exterior paint and landscaping refresh needed. Interior mostly livable with cosmetic updates.
  • 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 $11,816
Bathrooms $8,440
Flooring & paint $9,284
Exterior / curb appeal $6,330
Contingency (10%) $6,330

Allocations sum to renovation budget · Adjust per inspection

Property Facts

Bedrooms
1
Bathrooms
1.5
Square Feet
2668 sqft
Zip / Market
07302
Hot Deal Threshold
>15% gross margin
Deal Status
Qualified Hot Deal
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