Each person has their own formula that calculates risk, exposure, time and effort and then puts a percentage on it. Even brand new builders after all that is said and done walk away with 20-35% highest and best case scenarios

There are to many variables that come into play(paying cash or borrowing, paying or doing the work yourself).

Personally I would like 20% and have it rehabbed in three months. Here most homes would be in the $138,900 range after rehab/

The answer is actually a question: what is the client's target yield?

Most of the one's I know look to average 20-25%

Jack Gerbehy has provided a good answer for you.

20%-30%...  if the reno takes more then 3 - 4 month the ROI% would need to be higher

Short term in your area is the anticipated home value - cost - improvement.

May be a reo property fix it up and sell what you can get. I do not envision much profit.

In rapid appreciation area like SF Bay area there is still some money to be made but the amount of gain often negates the effort put in.  

These two areas can result in a wash. Best case is hit and miss.

If I cant project 20% of more it is not worth the risk to me.

Good morning Christopher. I always use 20% of the listing price as my goal for the profit.

It depends on volume. I know investors who were willing to make as little as 5k on a flip and 2k on a wholesale. Of course these would be for short term and high volume deals.

Christopher Boardman This is very good question.

There is no one answer.  It depends on the requirements of the investor.

I would think this would depend on what return one wants to achieve.