Need help analyzing a deal

[Dave Binder]

I'm looking at a ranch that's 740sqft with a basement, price is 25k and rehab will cost 15k at most. Updated comps in area go for 60k.  My concern is the sqft and it's only 2 bed 1 bath, rental rate would be solid at 700-750 a month. I'm trying to use hard money to obtain the property but they are hesitant due to size so its making me think I should be as well.  Thoughts?