Creative Financing: Is this a good SubTail?

[Jaret Lara]

Hi BP Family. As a relatively new Investor there is still so much I have to learn. I would like your opinion on this deal. I have a possible Subtail deal.. Getting it under contract as a Subto, doing little upgrades to the bathrooms and selling it on the market. 

Market: Indianapolis, Neighborhood: Beech Grove - (B neighborhood) Hous is 3 bed, 2 bath, 1870 sqft, 2 Car attached garage, Built 1997. Condition is Good, No Basement, Semi Closed off Community. 

As is Value: 210K 

ARV 250K

Rehab: As a Rental 3K as a Flip 10K

Rents: $1,430, AirBnB: $ 130 nightly rate average (Airdna)

Terms:

Subto - P.I.T.I $1,110,

Loan: 0.3 % fixed rate, 30 year mortgage

15K - Seller walk away price

All payments are current. So what do you think? Does this work for a Subtail? Any constructive criticism/analysis is well recieved. BTW I’m looking to partner (not wholesale) with someone who has experience in Subto deals, as Im looking for hands on experience as I begin my journey in creative finance. So, if you’re interested DM me.Thank you all for you time.