List Price
$450,000
$274/sqft
Renovation
$132,000
$80/sqft
ARV
$680,639
$415/sqft
Gross Profit
$98,639
21.9% margin
Net Profit*
$32,252
5.3% ROI
Condition
5/10
Heavy renovation
ARV Build-Up
Core flip economics — formulas match FlipScout engine
| List price (acquisition) | $450,000 |
| Renovation budget | + $132,000 |
| Renovation value-add (×1.5) | + $198,000 |
| Market premium (7.2% of list) | + $32,639 |
| After Repair Value (ARV) | $680,639 |
ARV = List + (Reno × 1.5) + Market Premium
Gross Profit = ARV − List − Reno = $98,639
Gross Profit = ARV − List − Reno = $98,639
Net Pro Forma
*Includes closing costs & 4-month carry
| All-in acquisition (list + 2% buy closing) | $450,000 + $9,000 |
| Hard costs (renovation) | $132,000 |
| Holding carry (4 mo) | $16,548 |
| Total capital deployed | $607,548 |
| ARV at disposition | $680,639 |
| Sell-side costs (6%) | − $40,838 |
| Net sale proceeds | $639,800 |
| Net profit | $32,252 |
Net ROI on capital
5.3%
Net margin on ARV
4.7%
AI Vision Analysis
Ollama Vision (llava) · Condition 5/10 — Heavy renovation
GutTurnkey
Contractor Assessment
Open floor plan potential. Bathrooms dated but serviceable — mid-tier renovation scope.
AI renovation estimate: $132,000
Investor Scope Checklist
- ▸Open floor plan potential. Bathrooms dated but serviceable — mid-tier renovation scope.
- ▸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
$36,960
Bathrooms
$26,400
Flooring & paint
$29,040
Exterior / curb appeal
$19,800
Contingency (10%)
$19,800
Allocations sum to renovation budget · Adjust per inspection
Property Facts
- Bedrooms
- 5
- Bathrooms
- 3.0
- Square Feet
- 1641 sqft
- Zip / Market
- 60601
- Hot Deal Threshold
- >15% gross margin
- Deal Status
- Qualified Hot Deal