Is this an investment?

[Steve Yoo]

hi everyone. Since I am new to the investment world I just had a question if something like this would be considered an investment.

I recently renovated a home for a client that will list the home in the market in about a couple weeks. 

The home:

Originally he asked me if I knew someone who would buy his home for 240k. I installed new hardwood floors, new carpet, replaced 1 exterior door and painted the whole inside of the home. His rehab costed 14k. The kitchen and 3 bathrooms still need an update but he did not renovate them. He will now put the home in the market for 350k. His real estate agent (neighbor) came up with the market price. After doing some research I found his area homes ranged from 305k- 420k. 

If I would have purchased the home for the original 240k would this have made any sense as in an investment? Obviously there are many variables. To rehab the bathrooms and kitchen would have been another 15k since I would be doing all the work. 

Any feed back would be appreciated.

Thanks everyone