Fix n flip in Seattle

[Dan Chapman]

My partner and I are possibly doing our first flip together he is a contractor and can do the work wholesale. Need advice on if it looks good. here are the stats- property near Leschi 6 blocks from beach in central district. ARV is 610k-625k high end Purchase price- 360k Rehab costs- 80k Loan closing costs-12k 120 hold costs- 16k Monthly taxes and insurance-$375 Utilities est. monthly- $100 Realtor selling fees-5% $29,500 (we have a close friend for the agent.) Sale closing costs- $2,500 Excise tax- $10,500 Estimated profit range- $100k-115k Does this look like a good deal am I missing anything? Thanks! Dan