HOT DEAL ✓ Math verified AI Ollama Vision (llava)

8977 Broadway Pl Unit 5C

Houston, TX 77002

2 bd · 3.0 ba · 2,811 sqft

Property photo 1 Property photo 2
List Price
$308,500
$110/sqft
Renovation
$64,000
$23/sqft
ARV
$430,974
$153/sqft
Gross Profit
$58,474
18.9% margin
Net Profit*
$15,843
4.1% ROI
Condition
8/10
Light cosmetic

ARV Build-Up

Core flip economics — formulas match FlipScout engine

List price (acquisition) $308,500
Renovation budget + $64,000
Renovation value-add (×1.5) + $96,000
Market premium (8.6% of list) + $26,474
After Repair Value (ARV) $430,974
ARV = List + (Reno × 1.5) + Market Premium
Gross Profit = ARV − List − Reno = $58,474

Net Pro Forma

*Includes closing costs & 4-month carry

All-in acquisition (list + 2% buy closing) $308,500 + $6,170
Hard costs (renovation) $64,000
Holding carry (4 mo) $10,603
Total capital deployed $389,273
ARV at disposition $430,974
Sell-side costs (6%) − $25,858
Net sale proceeds $405,115
Net profit $15,843
Net ROI on capital
4.1%
Net margin on ARV
3.7%

AI Vision Analysis

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

GutTurnkey

Contractor Assessment

Strong bones — paint, hardware, and curb appeal upgrades for maximum resale.

AI renovation estimate: $64,000

Investor Scope Checklist

  • Strong bones — paint, hardware, and curb appeal upgrades for maximum resale.
  • 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 $22,400
Flooring touch-up $12,800
Landscaping / exterior $16,000
Misc & permits $12,800

Allocations sum to renovation budget · Adjust per inspection

Property Facts

Bedrooms
2
Bathrooms
3.0
Square Feet
2811 sqft
Zip / Market
77002
Hot Deal Threshold
>15% gross margin
Deal Status
Qualified Hot Deal
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