Investment profit question

[Roger Evans]

Ok, I am about to make my first investment. I’m a contractor who is teaming up with an investor. I’m am going to be included on the investment side and also do the rehab on the flip. I don’t know that much about the investing numbers so would like to know a little more about the numbers. I hope I provide enough information to get educated responses. The purchase price is 255k the deposit required is 40k, the investor is proposing for me to provide 20k and will give me a 12% return on top of my 20k deposit. Is this a normal percentage after all costs.