Sub 2 Could someone analyze this deal,

[Bil Casimir]

BP,

I am new to Sub 2, I was hoping to get some feedback on this deal.

ARV: $195K

Rental: $1850/month

Rehab: (Carpet, Granite updates in Kitchen and bathroom, fixtures, and landscaping) $22,000

Cash to take over loan: $23K+Closing

Interest rate: 4.625%

Unpaid Balance: $142K

PITI: $1650 approx

Principal: $258

Interest: $538

Escrow: $850

Maturity Date: 08/2040 Looks like 23,000 plus closing fees, plus 22,000 rehab, I would be out $45,000 approximately?