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Rental Yield Calculator
Calculate gross and net rental yield from property value, monthly rent, vacancy and annual operating expenses.
Free tool · Gross rental yield · Net rental yield
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Rental Yield Summary
Net rental yield
5.85%
Gross rental yield 8.71%
- Gross annual rent$27,000.00
- Vacancy loss−$1,350.00
- Effective rental income$25,650.00
- Operating expenses−$7,500.00
- Net operating income (NOI)$18,150.00
- Gross yield
- 8.71%
- Net yield
- 5.85%
- NOI
- $18,150
- Property value
- $310,000
Operating expenses are taxes, insurance, maintenance, management and HOA — not mortgage payments. Rental yield is a screening metric, not a full investment return: financing, capital expenditure, repairs, taxes and appreciation also matter. Pair it with a cash-on-cash calculation once financing is known.
Net yield5.85%
FAQ’s
Frequently Asked Questions
Gross versus net yield
- Gross yield
- Annual rent divided by value or price. A fast first screen, but it ignores vacancy and every cost of owning the property.
- Vacancy
- No property is let every day of the year. A vacancy allowance turns scheduled rent into rent you can expect to collect.
- Operating expenses
- Property tax, insurance, maintenance, management and HOA dues. Mortgage payments are financing, so they are left out.
- Net yield
- Net operating income, after vacancy and running costs, divided by value: the more realistic figure for comparing rental properties.
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