Going over the numbers on a flip

[Justin Oldham]

3bd/ 2bath 2225 sq ft

145 purchase price

60k in total remodel

Hard money lender w 10% down and 10% pay on interest

Comps in area just sold average 120sq ft

Home down the street same square footage and full remodel done going for 275k and 65 days on market so far.

To top it off this will be my very first deal!!!! NERVOUS could use insight.