Is this a deal?

[Mike Lee]

Hi Everyone,

Haven't posted on here in a bit. New to wholesaling. Still working on first deal.
This is for a townhouse:
Comps show 115-125k (6 months back w/in .5mile) ~120 conservative.
Tax value is 95k.

Property is tenant occupied @ 800/month. Has lease through next year.
Owner (happens to be a Real estate broker) will sell for 80k.
Property doesn't need any repairs and sounds like is in great condition.

Is this a deal? The way I see it, even if I wholesale it at 83k, it's =69% LTV with no repairs needed and ~37k in equity.

Any help is greatly appreciated.

Thanks,

Mike