Deal or no deal?

[Kevin Booker]

I'm fairly new to the whole rental side of investing so I'm a little confused. I have a deal that I came across a 4/2 1400sf SFH in a desired section 8 area that would rent for around 1k- 1150/month, purchase price would be 66.5k and taxes would be around 1200 annually with no more than 2500 rehab and ARV at 80k. Is this a good cash flowing deal? How is this calculated. If so what would be the max I could pass it to an buy/hold investor for?

[Devan Mcclish]

@Kevin Booker that's a rule of thumb. Ask investors in your area. It's actually 2% rent after the rehab so (purchase + rehab = 2% rent of that). Another easy valuation is 70 x rent less repairs less wholesale fee