Price for this home?

[Jade Davis]

Hi all-- this is a family members home which I believe would be perfect for wholesaling. The kitchen and full bathroom have not been updated since the '60's. It has lake rights and comparable properties are going for $120 however similar properties that're rehabbed go for upwards of $220K. Can someone walk me through what you would offer on such a house (just from the pictures which I know isn't enough but just a general offer) and if it would be a good, marketable house for rehabers. 

http://www.trulia.com/property/3169353686-7480-W-M...

http://ocfintax.ongov.net/Imate/propdetail.aspx?swis=312289&printkey=07600000010490000000