HOT DEAL ✓ Math verified AI Ollama Vision (llava)

1029 Bay Ave

Memphis, TN 38103

2 bd · 3.0 ba · 3,003 sqft

Property photo 1 Property photo 2
List Price
$130,000
$43/sqft
Renovation
$54,000
$18/sqft
ARV
$222,990
$74/sqft
Gross Profit
$38,990
30.0% margin
Net Profit*
$17,786
9.3% ROI
Condition
9/10
Light cosmetic

ARV Build-Up

Core flip economics — formulas match FlipScout engine

List price (acquisition) $130,000
Renovation budget + $54,000
Renovation value-add (×1.5) + $81,000
Market premium (9.2% of list) + $11,990
After Repair Value (ARV) $222,990
ARV = List + (Reno × 1.5) + Market Premium
Gross Profit = ARV − List − Reno = $38,990

Net Pro Forma

*Includes closing costs & 4-month carry

All-in acquisition (list + 2% buy closing) $130,000 + $2,600
Hard costs (renovation) $54,000
Holding carry (4 mo) $5,225
Total capital deployed $191,825
ARV at disposition $222,990
Sell-side costs (6%) − $13,379
Net sale proceeds $209,611
Net profit $17,786
Net ROI on capital
9.3%
Net margin on ARV
8.0%

AI Vision Analysis

Ollama Vision (llava) · Condition 9/10 — Light cosmetic

GutTurnkey

Contractor Assessment

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

AI renovation estimate: $54,000

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 $18,900
Flooring touch-up $10,800
Landscaping / exterior $13,500
Misc & permits $10,800

Allocations sum to renovation budget · Adjust per inspection

Property Facts

Bedrooms
2
Bathrooms
3.0
Square Feet
3003 sqft
Zip / Market
38103
Hot Deal Threshold
>15% gross margin
Deal Status
Qualified Hot Deal
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