HOT DEAL ✓ Math verified AI Ollama Vision (llava)

9470 Lakeview Pl

Newark, NJ 07102

5 bd · 1.5 ba · 1,400 sqft

Property photo 1 Property photo 2
List Price
$247,000
$176/sqft
Renovation
$12,100
$9/sqft
ARV
$299,764
$214/sqft
Gross Profit
$40,664
16.5% margin
Net Profit*
$10,345
3.8% ROI
Condition
6/10
Moderate renovation

ARV Build-Up

Core flip economics — formulas match FlipScout engine

List price (acquisition) $247,000
Renovation budget + $12,100
Renovation value-add (×1.5) + $18,150
Market premium (14.0% of list) + $34,614
After Repair Value (ARV) $299,764
ARV = List + (Reno × 1.5) + Market Premium
Gross Profit = ARV − List − Reno = $40,664

Net Pro Forma

*Includes closing costs & 4-month carry

All-in acquisition (list + 2% buy closing) $247,000 + $4,940
Hard costs (renovation) $12,100
Holding carry (4 mo) $7,393
Total capital deployed $271,433
ARV at disposition $299,764
Sell-side costs (6%) − $17,986
Net sale proceeds $281,778
Net profit $10,345
Net ROI on capital
3.8%
Net margin on ARV
3.5%

AI Vision Analysis

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

GutTurnkey

Contractor Assessment

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

AI renovation estimate: $12,100

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 $3,388
Bathrooms $2,420
Flooring & paint $2,662
Exterior / curb appeal $1,815
Contingency (10%) $1,815

Allocations sum to renovation budget · Adjust per inspection

Property Facts

Bedrooms
5
Bathrooms
1.5
Square Feet
1400 sqft
Zip / Market
07102
Hot Deal Threshold
>15% gross margin
Deal Status
Qualified Hot Deal
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