Attn seasoned investors! What ROI would you expect.

[Mike Shapiro]

I'm looking at a property and trying to determine value. What expected ROI would you want/expect on the following situation...

as-repaired value est: $220,000
cost of repairs: $22,000 (includes contractor costs)
Other expenses: $18,200 (Marketing costs, escrow, mtg)

Repairs needed are only big ticket items like whole new kitchen, A/C heating, hot water heater, toilets, etc.

Estimated market is declining at a 7.1% annual rate. Average day on market of closed sales is currently 88 days.

What would you consider a fair ROI given the risk and cost involved? 5%, 10%, 15% 20%?

I appreciate the feedback.