HOT DEAL ✓ Math verified AI Ollama Vision (llava)

4746 Palm Pl Unit 11C

Newark, NJ 07102

3 bd · 2.0 ba · 2,692 sqft

Property photo 1 Property photo 2
List Price
$297,500
$111/sqft
Renovation
$92,000
$34/sqft
ARV
$456,434
$170/sqft
Gross Profit
$66,934
22.5% margin
Net Profit*
$22,526
5.5% ROI
Condition
9/10
Light cosmetic

ARV Build-Up

Core flip economics — formulas match FlipScout engine

List price (acquisition) $297,500
Renovation budget + $92,000
Renovation value-add (×1.5) + $138,000
Market premium (7.0% of list) + $20,934
After Repair Value (ARV) $456,434
ARV = List + (Reno × 1.5) + Market Premium
Gross Profit = ARV − List − Reno = $66,934

Net Pro Forma

*Includes closing costs & 4-month carry

All-in acquisition (list + 2% buy closing) $297,500 + $5,950
Hard costs (renovation) $92,000
Holding carry (4 mo) $11,073
Total capital deployed $406,523
ARV at disposition $456,434
Sell-side costs (6%) − $27,386
Net sale proceeds $429,048
Net profit $22,526
Net ROI on capital
5.5%
Net margin on ARV
4.9%

AI Vision Analysis

Ollama Vision (llava) · Condition 9/10 — Light cosmetic

GutTurnkey

Contractor Assessment

Strong bones — paint, hardware, and curb appeal upgrades for maximum resale.

AI renovation estimate: $92,000

Investor Scope Checklist

  • Strong bones — paint, hardware, and curb appeal upgrades for maximum resale.
  • 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 $32,200
Flooring touch-up $18,400
Landscaping / exterior $23,000
Misc & permits $18,400

Allocations sum to renovation budget · Adjust per inspection

Property Facts

Bedrooms
3
Bathrooms
2.0
Square Feet
2692 sqft
Zip / Market
07102
Hot Deal Threshold
>15% gross margin
Deal Status
Qualified Hot Deal
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