My fiirst deal analysis please feedback

[Heriberto Rivera]

Hi everyone, I just go over the fix and flip calculator to check on what I think is a deal. This a inherit property that the oldest daughter of the family i selling because she do not carry the mortgage and or property responsibilities. She wants to sell and I founded because is a co-worker of my wife. It is a single family 3/2 in Miami Gardens 1075 SF located in a big lot around 9K SF good condition but needs a bit of a fine tune from what I captured from photos (painting/baths/other). It has been 31 days in the market so far. They are asking $230k, the median for that area is around $255k and my ARV calc came up at $254 putting $15k in repairs. Max allowable offer came at $185 for a desired profit of $30k ROI 15% but for my very first deal I’m good with anything between $20-30k. Again, the property is in good condition so repairs could be between 10-15k but I choose $15k to be conservative. Here is the funny part...I’m excited, I’ve done my homeworks, I’m getting educated-strong job+income etc etc but don’t have too much or very low low liquid$ to get into. I’ll do that homework too but may be you guys can shoot some good advice, ideas, options amd or feedback around this deal so I can keep moving and hopefully get my first deal done soon. I will really appreciate your comments.