Is it worth it

[Mathew Morford]

I have the opportunity to sell my house and make some money to get into real estate. 

My equity has increased substantially since I bought it in 2021. I purchased it for $125k and owe $113k. I’m estimating between $215k-$220k at a selling price, but that’s in perfect condition. 

It needs about $10k-$25k worth of rehab on it. I'm wondering if the ARV would possibly increase with a modern update or if it's even worth doing the rehab?

I'm new to all of this and I just want to maximize my ROI.