572 Manning Road Southwest, Marietta, GA

Fletcher & Company Investments, LLC sold this property to a client of ours for a cash price of $59,000. The property needed a full modern update/rehab and miscellaneous repairs. The buyer client reported a rehab expense of $30,000 to fully update/rehab the property. Once the updates/repairs were finished the buyer immediately sold the property in 8 days on the market for $119,000. The buyer has an all-in cost of approximately $89,000, which created $30,000 in equity. Our client received approximately $24,050 in net proceeds after the cost of sale which is an overall yield of 27% on their money in less than three months (rehab time and market exposure) for this property that we sold them. Below are the before and after photos.

Before

After

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