HOT DEAL ✓ Math verified AI Ollama Vision (llava)

6612 Palm Ln Unit 3A

Providence, RI 02903

1 bd · 1.5 ba · 2,751 sqft

Property photo 1 Property photo 2
List Price
$205,000
$75/sqft
Renovation
$80,000
$29/sqft
ARV
$347,723
$126/sqft
Gross Profit
$62,723
30.6% margin
Net Profit*
$29,665
10.0% ROI
Condition
8/10
Light cosmetic

ARV Build-Up

Core flip economics — formulas match FlipScout engine

List price (acquisition) $205,000
Renovation budget + $80,000
Renovation value-add (×1.5) + $120,000
Market premium (11.1% of list) + $22,723
After Repair Value (ARV) $347,723
ARV = List + (Reno × 1.5) + Market Premium
Gross Profit = ARV − List − Reno = $62,723

Net Pro Forma

*Includes closing costs & 4-month carry

All-in acquisition (list + 2% buy closing) $205,000 + $4,100
Hard costs (renovation) $80,000
Holding carry (4 mo) $8,095
Total capital deployed $297,195
ARV at disposition $347,723
Sell-side costs (6%) − $20,863
Net sale proceeds $326,860
Net profit $29,665
Net ROI on capital
10.0%
Net margin on ARV
8.5%

AI Vision Analysis

Ollama Vision (llava) · Condition 8/10 — Light cosmetic

GutTurnkey

Contractor Assessment

Well maintained with updated mechanicals. Light cosmetic touch-ups recommended.

AI renovation estimate: $80,000

Investor Scope Checklist

  • Well maintained with updated mechanicals. Light cosmetic touch-ups recommended.
  • 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 $28,000
Flooring touch-up $16,000
Landscaping / exterior $20,000
Misc & permits $16,000

Allocations sum to renovation budget · Adjust per inspection

Property Facts

Bedrooms
1
Bathrooms
1.5
Square Feet
2751 sqft
Zip / Market
02903
Hot Deal Threshold
>15% gross margin
Deal Status
Qualified Hot Deal
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