SW Marietta, GA 30064
This was a new construction project.
We bought the lot for a mere $30,793 and erected a 3 bed 2 bath, 2,000 sq.ft home with a double garage.
The property was built and sold within 6 months, for an annualised investor return of 36.67%.
2000 Sq.ft.
3 Beds
2 Baths
2 Lounges
2 Garages
Garden
Our investor’s return on equity was 18.08% on an investment of $50,033.
The annualised return was 36.67%
Use the map to get an idea of the area. For security purposes we have not identified the actual property on the map.
The Numbers
Purchase price (of lot)  |
$30,793 |
| Construction cost | $96,938 |
| Sales price |
$172,500 |
| Project duration (Months) | 6.0 |
| Investor equity |
$50,033 |
| Investor profit |
$9,048 |
| Investor ROE |
18.08% |
| Annualised investor ROE | 36.67% |
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