[Calc Review] Help me analyze this deal

[Michael W. D.]

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*This link comes directly from our calculators, based on information input by the member who posted.

I'm a NJ RE agent in my 15th year, but new investor who is longtime on BP and suffering from analysis paralysis.  I am considering purchasing this property to get one under my belt.  Saw it and ran calculator as a cash deal although I may obtain financing for it.  If I can get it at this price, ARV may be around $140k with 10-15k in work.  Did I factor in a big enough cushion at this price?  What is the highest price I should consider for the purpose of the offer?  How do I lessen my risk when buying sight unseen?  I appreciate anyones insight and comments.