Understanding the rental return from your investment property is an important part of keeping track of its performance. A quick look at the numbers can give you a useful starting point when reviewing your rental property and considering your next move.
The Ray White Nielsen Rentals Yield Calculator lets you estimate the gross rental yield of your investment property using a few simple details. It provides an indication of the rental income being generated compared with the property’s value or purchase price.
If you’re already a landlord, considering your next investment property, or simply want to check how your current rental is performing, the calculator can help you get a clearer picture of your rental return.
Rental yield provides a simple percentage-based measure of the income an investment property generates from rent. It compares the annual rental income with the property’s value or purchase price.
It’s one useful measure when looking at an investment property, but it doesn’t tell the whole story. Other costs and factors can also affect the overall performance of a rental property.
Using the calculator can be a helpful first step when comparing investment opportunities or deciding if it’s time to review the current rent of your property.
Enter a few details about your investment property below to estimate its gross rental yield.
Keep in mind that the result is a general estimate. It doesn’t account for costs such as rates, insurance, maintenance, mortgage repayments, property management fees or other expenses associated with owning a rental property.
For a better understanding of what your property could be achieving in the current rental market, a professional rental appraisal can give you a more relevant indication of its potential rental income.
Thinking about reviewing the rent on your investment property?
The team at Ray White Nielsen Rentals can provide a rental appraisal based on current market conditions, rental demand and comparable rental properties.
Get in touch with our property management team today to arrange a rental appraisal.
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.