To buy or not to buy

[Sam Collins]

Help me with the numbers please!

I am currently looking at a

2/1

1160 sqft

.5 acre lot

Built 1960

Pier and beam

Foooded during Hurricane Harvey and all Sheetrock, insulation, and flooring has been removed.

Home owners have installed new sub floor, new electrical, PEX water lines.

Things needed is:

Sheetrock on ceiling and walls

Insulation

Some type of flooring

3 internal doors

Toilet and bathtub

Vanity and sink for bathroom

Kitchen cabinets and sink

Ceiling fans

(Unit has window units for cooling, considering putting a mini split in)

Purchase price: $26,000

ARV: $100-103k

Comp rent: $895

What do you think rehab will cost and is this a

good deal? This will be my first flip if we go with it the house is not in a great area so not really interested in keeping it for a rental