Analyzing a deal.. please help me see if this is a good deal

[Amanda Glenn]

Hello all!

New wholesaler here! I have a deal that I want to put under contract! Please help me and tell me if these numbers are good! I know it doesn’t fit the standard 70% rule but because the earning potential is so great, I wonder if a buyer would mind. Thanks for your input!

ARV:900k (some comps recently SOLD for 1.1M)

Rehab: around 175k

Asking price: 505k BEFORE adding assignment fee

Also it is 4 people trying to work on it including me, what should our assignment fee be.

Is this even a good deal? Thanks guys! Look forward to seeing your thoughts!