First Flip Numbers of current deal

[Matthew Irish-Jones]

HI All,

We are in the process of our first flip.  Wanted to share the numbers and see what people thought.

Sale Price of Home: $56,000

Rehab costs: $33,000

Fixed Costs:  Don't have these numbers yet.  Besides closing costs, realtor fee's, taxes, not sure exactly what else would fall into this category. Any advice here would be appreciated. 

Comps:  We have houses on single lots selling for $130,000.  Our home is on a double lot with a deck.  We are hoping to be in the $135,000 to $140,000 range.

Expected Profit (Assuming a 16K in fixed costs and a sale price of $135,000) = $30,000.

Wondering how this compares to other flippers out there.

Thanks