Rental Yield Calculator
See a property's gross and net rental yield in seconds. Yield is one way to compare properties, not the only one, since it doesn't account for capital growth or your own finance costs.
Annual expenses
Rates, insurance and repairs & maintenance are the same categories Inland Revenue's IR3R (Rental income) schedule tracks. Body corporate, utilities and vacancy don't have their own IR3R box, but they're real costs most landlords budget for, so they're included here for a more honest yield.
0 if not a unit title property.
Usually 0, most tenancies have the tenant paying utilities.
A budget, not a bill, actual repairs vary year to year.
% of annual rent set aside for time between tenants.
Total annual expenses: $6,376 (includes $676 vacancy allowance).
Gross yield
5.20%
Annual rent ($33,800) ÷ price
Net yield
4.22%
(Annual rent minus expenses) ÷ price
Gross and net yield are standard real estate investment formulas, not specific to NZ or to RentGuide. They don't account for mortgage interest, capital growth, or buying and selling costs, so use yield to compare properties against each other, not as your only measure of a good investment.
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RentGuide tracks real rent payments, real expenses and generates your IR3R summary at tax time automatically, no spreadsheet needed.
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