Wholesale practice scenario

[Fredy F.]

Hey guys I wanted to share an example with everyone if its a "good deal" to wholesale to rehabbers.

3 bedroom 2.5 bath 1800 sq. ft 8800 sqft lot
Current Value: $200,000
LTV: about 72%
Homeowners owe about $80,000 on mortgage

Am I correct to say that this is a good deal for me (wholesaler) and a potential buyer?
If my math is correct, If I negotiate a deal with distressed homeowner for $83,000 ($3,000 moving expenses+$80,000 to pay off their mortgage), put it under a contract now? or should I calculate how much repairs will cost? ok... let's say $15,000 in repairs needed.. Is selling the home to a rehabber for ($98,000 ($83,000+$15,000 in repairs) + my assignment fee of $15,000=) $113,000 a good deal for "everyone"?

FYI 70% of the current value ($200,000) is $140,000, would it be smarter to wholesale it for more and get higher assignment fee? $140,000-$113,000=$27,000 leftover. thanks all