But how much would I realistically pay for a rehab?

Hey guys, I have a deal I’m analyzing, would love some input... purchase price: $170kRehab: 60k ( It’s in really rough shape)ARV: 300kPlan would be to cash out refinance, so put a 240k note on the property and pull back out my 60k in rehab costs , this would leave me with a $1600 mortgage Gross estimated income: $3000-$4290Monthly Expenses: $850Mortgage: $1600Net income: $550 -$1840 Realistically my total out of pocket to buy and furnish will end up being 30kIs this property worth the effort ???

(Expecting the CEO or President of a company to be the most prolific, or most representative, poster on an online discussion forum like this probably isn't realistic... the CEO of Keller Williams will never be posting on these forums, for example, but some rockstar local Realtors might!)

They do this to make sure you're motivated, serious, qualified, and realistic.

Most of these lists start with one of those things as #1.I would suggest - 1) Create a realistic business plan.  

@Alexander Parada the 10-14% range for a cash-on-cash return that you suggested is realistic. 

Make sure you sound credible and be realistic in your approach.

After the BRRRR, if you maximize the LTV, it will be cash flow negative if you use realistic estimates. 

Realistically my budget would be somewhere between $500K and $1.25M.

This would save time and money, but is this wishful thinking or a realistic possibility?