Would you buy under these numbers?

[Neil J.]

Hello everyone,

I was just wondering if you guys think this is a good enough deal for a real estate investor.

I'm having trouble talking the owner down any lower than the 160k I have listed, is this still a good deal? I know there are many other factors of course, but assuming these numbers are correct, do you think its worth have the seller sign?

ARV - $280k

Repairs - $30k

Under contract for - $160k

Property Tax - $7k

Details: 

Nice area in Northern NJ

1300sqft

3 bedrooms, unfortunately 1 bath.

Built in the 1940's

Colonial style home.