List Price
$384,500
$192/sqft
Renovation
$11,000
$6/sqft
ARV
$453,282
$227/sqft
Gross Profit
$57,782
15.0% margin
Net Profit*
$11,605
2.8% ROI
Condition
7/10
Moderate renovation
ARV Build-Up
Core flip economics — formulas match FlipScout engine
| List price (acquisition) | $384,500 |
| Renovation budget | + $11,000 |
| Renovation value-add (×1.5) | + $16,500 |
| Market premium (13.6% of list) | + $52,282 |
| After Repair Value (ARV) | $453,282 |
ARV = List + (Reno × 1.5) + Market Premium
Gross Profit = ARV − List − Reno = $57,782
Gross Profit = ARV − List − Reno = $57,782
Net Pro Forma
*Includes closing costs & 4-month carry
| All-in acquisition (list + 2% buy closing) | $384,500 + $7,690 |
| Hard costs (renovation) | $11,000 |
| Holding carry (4 mo) | $11,289 |
| Total capital deployed | $414,479 |
| ARV at disposition | $453,282 |
| Sell-side costs (6%) | − $27,197 |
| Net sale proceeds | $426,085 |
| Net profit | $11,605 |
Net ROI on capital
2.8%
Net margin on ARV
2.6%
AI Vision Analysis
Ollama Vision (llava) · Condition 7/10 — Moderate renovation
GutTurnkey
Contractor Assessment
Open floor plan potential. Bathrooms dated but serviceable — mid-tier renovation scope.
AI renovation estimate: $11,000
Investor Scope Checklist
- ▸Open floor plan potential. Bathrooms dated but serviceable — mid-tier renovation scope.
- ▸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
$3,080
Bathrooms
$2,200
Flooring & paint
$2,420
Exterior / curb appeal
$1,650
Contingency (10%)
$1,650
Allocations sum to renovation budget · Adjust per inspection
Property Facts
- Bedrooms
- 5
- Bathrooms
- 2.0
- Square Feet
- 1999 sqft
- Zip / Market
- 60601
- Hot Deal Threshold
- >15% gross margin
- Deal Status
- Qualified Hot Deal