Numbers look good to me...what do you think?

[Nemi W.]

The numbers look good to me. But I'm still new to wholesaling and I don't have the confidence I would have after doing MANY deals like some of you.

...so I'm looking for feedback...

Bedrooms: 3
Baths: 2
Garage: 1
Sq.ft: 1332

Block Construction
Short Sale
Built 1952
$1,253 Taxes

VALUES:
RealQuest $70k
Market Rent $850-$1,000

COMPS (within 1/4 mile in past 3 mths):
3/1.5/0, 1350 sf, $47k -All Cash
3/2/0, 1282 sf, $45k -All Cash
3/2/2, 1435 sf, $36k -All Cash

Located on a decent street within a 1/4 mile of a main road that runs through the city, restaurants, businesses, and public transportation.

Estimated repairs are $7,500 to be rent-ready! Last tenant paid $900/month in December, 2010.
Large Fenced Yard, Mature Landscaping, Oak Trees, Covered Patio/Porch.

Assuming, ofcourse, all of my info is accurate, what's the max an investor/landlord might want to pay?

Thanks so much!