Understanding the income your investment property generates is an important part of managing it well. Rental yield gives you a simple way to look at the relationship between your rental income and the value or purchase price of the property.
Our Yield Calculator can give landlords and property investors a quick estimate of their gross rental yield. Simply enter a few details about your rental property to see an estimated percentage and get a clearer picture of its rental income performance.
It can be useful if you already own an investment property, are looking at purchasing a rental property, or want to check how your current rental is performing.
Rental yield provides a straightforward way to look at the income generated by a rental property. It compares the annual rental income with the property’s value or purchase price, giving you a percentage that can be useful when comparing different investment properties.
Yield is just one measure of an investment property’s performance. Looking at the rent being achieved alongside the property’s other costs and overall value can give you a better understanding of how the property is performing.
If you’re unsure what rent your property could achieve, a rental appraisal from an experienced property manager can also help you compare your current rental income with similar rental properties in the market.
Use the calculator below to estimate the gross rental yield of your investment property.
The result is a general estimate and does not include costs associated with owning and managing a rental property, such as rates, insurance, maintenance, mortgage repayments or property management fees.
For a clearer picture of your property’s current rental position, speak with the team at Ray White Next Step Property Management about a rental appraisal. We can assess your property against comparable rental properties and current market conditions.
Want to know if your current rental income reflects the market?
Ray White Next Step Property Management can provide a rental appraisal and talk you through the rental potential of your investment property. Get in touch with our property management team today to find out more.
These results are estimates only and do not include lending costs, tax treatment, depreciation, vacancy risk beyond the allowance entered, or changes in market rent.