Subject To deal - need advice

[Account Closed]

Hi! Back again trying another go at it.  Hope to get feedback on the following subject to deal:

outstanding principal: $242k (4 years into a 30-year fixed mortgage @ 4.5%)

PITI: $1720/month

Rehab estimate: ~$50k

The owner wants $30k in cash

assessment: $382k

ARV: $375-400k (depending on timing of sale)

I would turn into an Airbnb generating on average $3500/month.  If rules changed, would sell or convert to long-term rental that could generate around $1900/month.

Let me know if you need more information . . .appreciate the feedback.