6345 Rockbridge Road, Stone Mountain, Ga 30087

Fletcher & Company Investments, LLC sold this property to a client of ours for a cash price of $62,000. The property was 70% gutted at the time of sale and needed a full modern update/rehab and miscellaneous repairs. The buyer client reported a rehab expense of $45,310 to fully update/rehab the property. Once the updates/repairs were finished the buyer immediately sold the property in 14 days on the market for $150,000. The buyer has an all-in cost of approximately $107,310, which created $42,690 in equity. Our client received approximately $30,690 in net proceeds after the cost of sale which is an overall yield of 28.5% on their money in less than four 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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