HOT DEAL ✓ Math verified AI Ollama Vision (llava)

7018 Highland Pl

Newark, NJ 07102

4 bd · 1.0 ba · 1,400 sqft

Property photo 1 Property photo 2
List Price
$134,000
$96/sqft
Renovation
$32,100
$23/sqft
ARV
$197,066
$141/sqft
Gross Profit
$30,966
23.1% margin
Net Profit*
$11,737
6.8% ROI
Condition
5/10
Heavy renovation

ARV Build-Up

Core flip economics — formulas match FlipScout engine

List price (acquisition) $134,000
Renovation budget + $32,100
Renovation value-add (×1.5) + $48,150
Market premium (11.1% of list) + $14,916
After Repair Value (ARV) $197,066
ARV = List + (Reno × 1.5) + Market Premium
Gross Profit = ARV − List − Reno = $30,966

Net Pro Forma

*Includes closing costs & 4-month carry

All-in acquisition (list + 2% buy closing) $134,000 + $2,680
Hard costs (renovation) $32,100
Holding carry (4 mo) $4,726
Total capital deployed $173,506
ARV at disposition $197,066
Sell-side costs (6%) − $11,824
Net sale proceeds $185,242
Net profit $11,737
Net ROI on capital
6.8%
Net margin on ARV
6.0%

AI Vision Analysis

Ollama Vision (llava) · Condition 5/10 — Heavy renovation

GutTurnkey

Contractor Assessment

Kitchen cabinets worn but functional. New countertops and flooring would modernize quickly.

AI renovation estimate: $32,100

Investor Scope Checklist

  • Kitchen cabinets worn but functional. New countertops and flooring would modernize quickly.
  • 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 $8,988
Bathrooms $6,420
Flooring & paint $7,062
Exterior / curb appeal $4,815
Contingency (10%) $4,815

Allocations sum to renovation budget · Adjust per inspection

Property Facts

Bedrooms
4
Bathrooms
1.0
Square Feet
1400 sqft
Zip / Market
07102
Hot Deal Threshold
>15% gross margin
Deal Status
Qualified Hot Deal
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