Fire Damaged House Advice

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Hi BP members. I have info on a house that has been fire damaged and the numbers look great, but I've not done this extensive of a project before and I wanted to get advice from BP Members that have done a fire damaged house.

Here is the specifics: ARV $424,900 Purchase price $149,900. Anticipated Rehab $125,000.

Here are the specific numbers on this house:

Purchase $149,900

Estimated Purchase Closing Cost: $6,000

Rehab cost: $125,000

Selling Closing cost: $6,000

Selling Commission (6%) $25,494

TOTAL COST $312,394

Sell for $424,900 - $312,394 = $112,506 = 36% 

Estimated length of time to close on sale 8 - 12 months. 

What are your thoughts? Is this a deal worth going after or not? I currently don't have all the cash to buy this and fix it up. What options do I have?