Rental Yield Calculator

Calculate gross and net rental yields

Last updated: January 2025

About This Tool

The rental yield calculator helps property investors quickly assess the income potential of rental properties by calculating both gross and net rental yields. These metrics are essential for comparing investment opportunities and understanding property performance.

What is Rental Yield Calculator?

Rental yield is the annual rental income from a property expressed as a percentage of its value. Gross yield uses total rental income, while net yield subtracts operating expenses. These metrics help investors compare properties and assess income-generating potential.

How It Works

Enter the property price, monthly rent, annual expenses, and vacancy rate. The calculator computes gross yield (annual rent divided by property price) and net yield (annual rent minus expenses divided by property price). Both are expressed as percentages for easy comparison.

Formula

Gross Yield = (Monthly Rent x 12 / Property Price) x 100; Net Yield = ((Annual Rent - Expenses) / Property Price) x 100

$300,000
$2,000
$4,000
5%

Gross Yield

8.00%

Net Yield

6.27%

Income Summary

Annual Rent$24,000
After Vacancy$22,800
Expenses-$4,000
Net Annual$18,800
Monthly$1,566.67

Benchmarks

Excellent>8%
Good5-8%
Average3-5%
Poor<3%

💡 Price-to-Rent

Your ratio: 12.5. Below 15 favors buying, above 20 favors renting.

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When to Use This Calculator

  • 1When comparing multiple investment properties
  • 2To quickly assess if a property is worth further analysis
  • 3When setting rental rates for a property
  • 4To evaluate different markets for investment potential
  • 5During initial property screening before detailed analysis

Pro Tips

  • Net yield over 5% is generally considered acceptable
  • High gross yield with low net yield indicates high expense properties
  • Compare yields to local market averages for context
  • Price-to-rent ratio under 15 typically favors buying
  • Yields vary significantly by location - research your market

Common Mistakes to Avoid

  • Using gross yield alone without considering expenses
  • Forgetting to account for vacancy periods
  • Comparing yields across different markets without adjustment
  • Not updating calculations when expenses change
  • Overlooking management costs in expense calculations

Frequently Asked Questions

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