Rented normally, you'd make about $10 a month.

That is thin: one empty month wipes out a year 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.

1218 Middle Turnpike West #A, Manchester, CT 06040 · 760 sqft · $164/sqft

1 BED CONDOListed 106d ago

$124,900

List price

Monthly profit

+$10/mo

Cash needed

$35K

+ refurb costs

Return after costs

0.1%

Cash return

0.4%

Solid

Rented normally at the asking price, this works with risks you can price in — 11.74% return before costs on price.

Why it works

11.74% 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 →

One card is deliberately absent. Renting it by the room — Only 1 bed — too small for an HMO (3+ unrelated tenants from 2+ households) without major reconfiguration.

Ready to move on this deal?

Generates an offer pack with your numbers & sources — take it to the agent.

Listing seen …