How should I go about with this potential property?

[Denny Le]

Hello BP!

I've run into a brick wall with what I should go about doing with a potential property that I've spoken to a homeowner about.  I'll list the information below:

Property Title: Washington 3Bd/2Ba

Condition of Property: Good

Repairs Needed: Gutter on the back of roof (have not checked out property yet, but will right after I post this)

Repair Price: undetermined

Asking Price: Owner has no idea, just wanted to see what is offered

Property Price: $200,000.00 (Zillow estimate)

Monthly Rental income: $1100.00

Some ideas that I have come up with:

Wholesale Deal:

$200,000.00 (0.70)

$140,000.00 - repairs - wholesale fee

or Seller Finance deal:

$200,000.00 (0.95) 

$190,000.00 - repairs - (fees, I'm not sure what I should include)

Down Payment: $5,000 - $10,000.00

Interest: 5% - 6% (Pay owner: interest only for one year until I find an end buyer)

If I do seller financing with 5% interest, interest only payments, and $7,000.00 down, the payment per month would be $804.17. Then the assumption is I make around $295.83 per month (not including expenses)

If I sell the property for $200,000.00, I could potentially make $10,000.00?

I know I've missed a lot of numbers (please include them in your post if you comment, thanks in advance!) 

Can you guys help me structure this in some way? I'm not even sure if the numbers are good.

Thanks in advance!