I have a 10 property portfolio across Memphis and Detroit and they average 10% plus COC.

There is a great group of us who invest in the NL area if your looking for some folks to connect with.Now to your question, you'll find rent prices vary quite a bit in NL depending on what area of NL, but I'd be happy to give you our averages.1, 2, 3 would average $1150, $1300 and $1500. 

. - Low-income areas = High cash flow, low equity growth - High-income areas = Low cash flow, high equity growth - Median-income areas = Average cash flow, average equity growthFor me, median to high-income areas are where I like to focus.

@Dean Malka 10k for average kitchen and 5k for average bathroom Flooring is $4 a square foot for LVP HVAC $5k Electrical panel $2k.This is all ball park.

But then i look at general rental data from  rentometer or rent cafe and I generally see averages around 1600. 

What would you say is the average occupancy and daily rate for a 1500 SF 3 bedroom home in good condition around a mile from the beach / pier? 

What is the average selling price in the neighbors you are looking for in your city?

By analyzing metrics like average days on market over several years, I believe it’s possible to pinpoint investment opportunities in areas where specific property types (e.g., 2bd/2ba single-family homes) consistently perform well.Building on this, you can also analyze current rental rates relative to nearby "for sale" comps to estimate ROI.

Averaging $1k/mo per bedroom which is now on the cheaper side of things.

If you know what an "average" deal looks like then pull the trigger on one that looks above average.