Potential Deal??? - Am I analyzing correctly?

[Shawn McGarity]

Hello BP Community,

  I have been going through Realtor.com/Zillow and just picking properties to practice analyzing deals.  I want to make sure that I am on the right track because there is a property that seems like it would make sense.  I want to present it to you all with the numbers I have ran just to make sure it seems correct.  And who knows, it may be a deal for someone out there who reads this post (I'm not squared away with all my logistics right now to pull the trigger quick enough).  Also, I have not done any detailed research nor visited the property to verify the condition.  I have just ran the numbers as practice and hypotheticals.  But here are the numbers:

Address (You can look up the specs on Realtor.com): 6871 Station Rd, West Chester, OH 45069

Price: $79,900

2bed/2bath with 1544 sq ft.    ----     Due to good size square footage, would rehab the home to a 3 bedroom

Rehab Cost: $30,000 (Assuming half of that money would be going towards the addition of a bedroom)

ARV (Assuming it can become a 3 bedroom): $145k-$165k

Potential Rent Amount: $1300-$1400/month

If purchased with Cash: Total cash needed - $109,900

      If flipped - Profit of roughly $35k-$55k minus closing cost

If rented - Cash flow of $600+ (7% Cash on Cash ROI) or could be BRRRRed for potentially an infinite % return

I know these numbers are hypothetical right now and would have to evaluate the property in person, but for just a preliminary analysis, this property seems like it has a lot of potential in being a good investment.  If I am way off I would love the constructive criticism on my analysis.  Thank you all and I hope I am correct in my analysis and turns into big profits for someone here!!!