Cash return on flips

[Jason Kicza]

Hi, new to the forum and exited to see all of the information this site has to offer!  Ive been investing in buy and hold properties for around five years.  Im beginning to explore some flips as a way to raise capital.  Im curious what percentage of cash return or profit may be worthwhile in a flip scenario?  For example, Theres a potential deal- Purchase price $150k, $100k to rehab (in roughly two months), should sell for low to mid 300's depending on how aggressive we wanted to be.  Thanks in advance for your input