HOT DEAL ✓ Math verified AI Ollama Vision (llava)

6423 Riverside St

Indianapolis, IN 46204

2 bd · 2.5 ba · 1,453 sqft

Property photo 1 Property photo 2
List Price
$164,500
$113/sqft
Renovation
$49,000
$34/sqft
ARV
$250,418
$172/sqft
Gross Profit
$36,918
22.4% margin
Net Profit*
$12,533
5.6% ROI
Condition
8/10
Light cosmetic

ARV Build-Up

Core flip economics — formulas match FlipScout engine

List price (acquisition) $164,500
Renovation budget + $49,000
Renovation value-add (×1.5) + $73,500
Market premium (7.5% of list) + $12,418
After Repair Value (ARV) $250,418
ARV = List + (Reno × 1.5) + Market Premium
Gross Profit = ARV − List − Reno = $36,918

Net Pro Forma

*Includes closing costs & 4-month carry

All-in acquisition (list + 2% buy closing) $164,500 + $3,290
Hard costs (renovation) $49,000
Holding carry (4 mo) $6,070
Total capital deployed $222,860
ARV at disposition $250,418
Sell-side costs (6%) − $15,025
Net sale proceeds $235,393
Net profit $12,533
Net ROI on capital
5.6%
Net margin on ARV
5.0%

AI Vision Analysis

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

GutTurnkey

Contractor Assessment

Mostly move-in ready. Minor kitchen refresh and landscaping only.

AI renovation estimate: $49,000

Investor Scope Checklist

  • Mostly move-in ready. Minor kitchen refresh and landscaping only.
  • 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 $17,150
Flooring touch-up $9,800
Landscaping / exterior $12,250
Misc & permits $9,800

Allocations sum to renovation budget · Adjust per inspection

Property Facts

Bedrooms
2
Bathrooms
2.5
Square Feet
1453 sqft
Zip / Market
46204
Hot Deal Threshold
>15% gross margin
Deal Status
Qualified Hot Deal
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