joint venture property investment for profit sharing

[Chris Valverde]

Looking for advice/template for real estate investor returns on profit sharing on a vacation property. Below are hypothetical numbers.

Purchase Price of home $275,000

6mo project

Investee:

500-6mo homeowners ins

600-6mo power/water

9240-6mo mortgage payments

Rehab Investor 1:

6 mo investment

$30,000

ROI 8% (32,400)

Rehab Investor 2:

$20,000

Profit sharing %: ???

After Repair Value (ARV): ~$450,000

All in: $275k+$60k=$335k

*this will be a buy and hold for short term rental property.

*once again, these numbers are conservative and may or may not increase depending on current market.