Is This A Smart Investment

[Jim Stanton]

My better half and I are looking at a two family for $52,000. We estimate about $40,000 in repairs. Once completed we can refi about $80,000 as it's ARV is $100,000. The monthly cash flow using the BP Calculator says $351 positive cash flow and that's being very conservative. Is this a good return on our $12,000 and 120 hours of our own labor? What do people out there think?