Flip or hold as rental? $125,000 profit vs $1000/month cash flow.

[Omid A.]

Hey BP,

If you bought a property with the potential to rehab then either flip for $125k profit or rent, refinance and hold for roughly $1,000/month cash flow, what would you choose and why? 

Some background on this particular deal.

-Purchase price: 200k, rehab: 60k, ARV: 415-430k

-Rent cost: $2,700/month

-Turn-around time for a flip: 3 months

-It's in an equity market (Hillsboro, Or), rather than a cash flow market so there is potential for appreciation 

I'm interested in hearing other opinions and perspectives on this particular deal.