Rented normally, you'd make about $47 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.

8119 Tremaine Ct APT E, Charlotte, NC 28227 · 883 sqft · $142/sqft

1 BED CONDOListed 59d ago

$125,000

List price

Monthly profit

+$47/mo

Cash needed

$34K

+ refurb costs

Return after costs

0.5%

Cash return

1.6%

Solid

Rented normally at the asking price, this works with risks you can price in — 10.71% return before costs on price.

Why it works

10.71% 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?

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