[Calc Review] Help me analyze this deal

[Susan Banks]

Good afternoon,

I got the opportunity to purchase a home in Illinois with an ARV of $100k for $30k with an estimate of $20k in repairs. My goal is growth/scaling. Purchasing cash, but taxes are high ($6000 annually for non-homestead) which is impacting the ability to BRRRR. Do I just flip it or cash out refi only $60k-$70k? Renting alone doesn't make sense due to the cap rate, and the only reason I'm considering the cashout is to increase units (keep it in inventory). Thoughts?

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