HOT DEAL ✓ Math verified AI Ollama Vision (llava)

8905 Collins Way Unit 5C

Detroit, MI 48226

2 bd · 3.0 ba · 2,652 sqft

Property photo 1 Property photo 2
List Price
$215,500
$81/sqft
Renovation
$75,425
$28/sqft
ARV
$345,983
$130/sqft
Gross Profit
$55,058
25.6% margin
Net Profit*
$21,723
7.2% ROI
Condition
4/10
Heavy renovation

ARV Build-Up

Core flip economics — formulas match FlipScout engine

List price (acquisition) $215,500
Renovation budget + $75,425
Renovation value-add (×1.5) + $113,138
Market premium (8.1% of list) + $17,346
After Repair Value (ARV) $345,983
ARV = List + (Reno × 1.5) + Market Premium
Gross Profit = ARV − List − Reno = $55,058

Net Pro Forma

*Includes closing costs & 4-month carry

All-in acquisition (list + 2% buy closing) $215,500 + $4,310
Hard costs (renovation) $75,425
Holding carry (4 mo) $8,267
Total capital deployed $303,502
ARV at disposition $345,983
Sell-side costs (6%) − $20,759
Net sale proceeds $325,224
Net profit $21,723
Net ROI on capital
7.2%
Net margin on ARV
6.3%

AI Vision Analysis

Ollama Vision (llava) · Condition 4/10 — Heavy renovation

GutTurnkey

Contractor Assessment

Major cosmetic and systems update needed. Roof and HVAC may require attention.

AI renovation estimate: $75,425

Investor Scope Checklist

  • Major cosmetic and systems update needed. Roof and HVAC may require attention.
  • Full kitchen replacement likely required
  • Bathrooms need modernization or full gut
  • Check roof, HVAC, and electrical panel capacity
  • Budget 10–15% contingency for hidden conditions

Renovation Budget Allocation

Kitchen & cabinets $16,594
Bathrooms $13,576
Flooring $9,051
Roof / envelope $11,314
HVAC / electrical / plumbing $13,576
Contingency (10%) $11,314

Allocations sum to renovation budget · Adjust per inspection

Property Facts

Bedrooms
2
Bathrooms
3.0
Square Feet
2652 sqft
Zip / Market
48226
Hot Deal Threshold
>15% gross margin
Deal Status
Qualified Hot Deal
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