[Calc Review] Help me analyze this deal

[Alexander Ewald]

This is my first guestimate for rehab, haven't looked at the house yet. I was very conservative in my opinion. This was just to consider a hard money/ private lender at 3 points and 12%. Surrounding homes are around $200k + with similar plot size and sq. footage.

I put in 40k desired profit to cover $15,000 paid to lender plus in the closing costs a point fee of 3% (Agent fees portion)

These numbers look average correct? My next step is to go have a walk through and get real estimates for rehab correct? And also find lender for 65% ARV ? Would anyone here give this a nod to pursue?

Thanks, Trying to practice analyzing one a day. 

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