What's the least investors want to make on a flip?

[Alejandro Salcido]

So I am in the Phoenix Arizona market. I was running my numbers and since I'm new I kind of don't know... what is the least profit a fix and flipper likes to make? Is $30,000 good? I always subtract profits, my wholesaling fee (cause I'm wholesaler) and repair costs. But what is good profits? All opinions welcomed

[Evan Polaski]

@Alejandro Salcido you need to look at it as both. ROI is great, but 25% ROI on $80,000 investment is $20,000. Good ROI, but that $20,000 can get wiped out very quickly with a collapsed/cracking sewer line, and as @Luke Marsh may know, it seems every buyer in Cincinnati wants a sewer scope any more, or at least they did for a few years.

So yes, I want to know that I am making about 20% ROI, but I also need to go in thinking I am making at least $30,000 so I can feel comfortable that I won't lose money if a big ticket items comes up that wasn't planned for. Even if everything is clean, there is still a dollar amount I need to just deal with the headaches.