Struggling on an offer Price

[Robert Treakle]

Hello,

I am a new wholesaler. I am working on a deal to offer an out of state owner. The property is a 720 sqft one bed one bath condo south of Boston. I estimate about 10k in repairs, mostly aesthetic. My comps place the ARV at $172000. I will take a 2500 dollar profit and I am estimating the closing costs at $5000. What sort of profit would a fix and flipper look for in this type of project? I estimated 10k however this is only a 6% profit and according to my research, most look for over 10%. I am struggling to find a good price that the owner will accept and that I could turn around and sell to someone with relative ease. Right now the price that I am calculating is $141000.