Use this calculator to estimate the gross rental yield of a residential investment property. It can help you compare possible purchases or review an existing Doubtless Bay rental, but it should be considered alongside all ownership costs, risks and professional advice.
Gross rental yield compares the annual rent with the property’s value or purchase price. It is a simple starting measure and does not show the amount you retain after expenses.
A gross calculation does not deduct rates, insurance, maintenance, vacancy, finance costs, property management fees, tax, compliance work, capital expenditure or other ownership costs. Those items can materially change the actual return.
Use the estimate as one part of a wider assessment. Consider property condition, likely tenant demand, realistic rent, expected vacancy, future maintenance, insurance, financing and your investment timeframe. Seek financial, legal, tax and building advice appropriate to your circumstances.
The calculator is only as useful as the figures entered. Request a rental appraisal from Ray White Doubtless Bay for a local view of the property’s potential rental position.
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.