Rented normally, you'd make about $368 a month.

That is thin: one empty month wipes out 6 months of that profit. The rent is our own estimate, not a signed tenancy. The problem is the gap between them is too small to absorb anything going wrong.

2625 Union Hall School Rd, Chatham, VA 24531 · 2,052 sqft · $117/sqft

5 BED MANUFACTUREDListed 59d ago

$239,900

List price

Monthly profit

+$368/mo

Cash needed

$66K

+ refurb costs

Return after costs

2.1%

Cash return

6.7%

Solid

Rented normally at the asking price, this works with risks you can price in — 11.64% return before costs on price.

Why it works

Monthly profit +$368/mo from completion — the no.1 reason to invest
This is the money left after the mortgage, the running costs and tax — not the rent.It assumes the rent we modelled and the empty weeks we assumed. Change either and it moves. Try your own numbers →
11.64% return before costs — above-market
Rent over price, before any costs. Useful for comparing streets; it is not money you keep.Two properties on the same yield can leave you very different amounts. See what you keep →

Why to be cautious

No rent comparables — estimate is a rule-of-thumb fallback, not market data. Verify the rent locally before offering.

Research, not financial advice · how we decide →

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