Rented normally, you'd make about $331 a month, and it holds up.

The rent is our own estimate — worth checking against two or three real local lettings. One month without a tenant wipes out about 5 months of that profit, so keep a buffer for gaps. It has been listed 128 days without selling, which is your argument for offering less.

1155 Cedar Pond Ln, Salisbury, NC 28146 · 1,400 sqft · $107/sqft

3 BED MANUFACTUREDListed 128d ago

$150,000

List price

Monthly profit

+$331/mo

Cash needed

$41K

+ refurb costs

Return after costs

3.0%

Cash return

9.6%

Solid

Rented normally at the asking price, this works with risks you can price in — 13.13% return before costs on price.

Why it works

Monthly profit +$331/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 →
13.13% 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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Generates an offer pack with your numbers & sources — take it to the agent.

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