HOT DEAL ✓ Math verified AI Ollama Vision (llava)

828 Congress St Apt 47

Providence, RI 02903

3 bd · 1.5 ba · 2,719 sqft

Property photo 1 Property photo 2
List Price
$345,500
$127/sqft
Renovation
$195,000
$72/sqft
ARV
$679,734
$250/sqft
Gross Profit
$139,234
40.3% margin
Net Profit*
$76,212
13.5% ROI
Condition
5/10
Heavy renovation

ARV Build-Up

Core flip economics — formulas match FlipScout engine

List price (acquisition) $345,500
Renovation budget + $195,000
Renovation value-add (×1.5) + $292,500
Market premium (12.1% of list) + $41,734
After Repair Value (ARV) $679,734
ARV = List + (Reno × 1.5) + Market Premium
Gross Profit = ARV − List − Reno = $139,234

Net Pro Forma

*Includes closing costs & 4-month carry

All-in acquisition (list + 2% buy closing) $345,500 + $6,910
Hard costs (renovation) $195,000
Holding carry (4 mo) $15,327
Total capital deployed $562,737
ARV at disposition $679,734
Sell-side costs (6%) − $40,784
Net sale proceeds $638,950
Net profit $76,212
Net ROI on capital
13.5%
Net margin on ARV
11.2%

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: $195,000

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 $54,600
Bathrooms $39,000
Flooring & paint $42,900
Exterior / curb appeal $29,250
Contingency (10%) $29,250

Allocations sum to renovation budget · Adjust per inspection

Property Facts

Bedrooms
3
Bathrooms
1.5
Square Feet
2719 sqft
Zip / Market
02903
Hot Deal Threshold
>15% gross margin
Deal Status
Qualified Hot Deal
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