RENTAL INCOME
Rental yield calculator
Compare rental income with the purchase price. Gross and net yield exclude loan repayments and personal tax.
See a worked exampleYour property
Overview
Review unconfirmed costs
Enter each amount, or 0 if it does not apply.
Where the rent goes
Rent and the costs you’ve entered.
Show calculation
Read the full methodology ↗Your key takeaways
Stress test
How much room do you have?
Change the conditions. Your saved base scenario stays intact.
Annual cash flow at different rates and vacancies
Each cell is a scenario, not a likelihood. Matrix excludes the one-off repair and tax.
Your rent safety margin
A price that meets your yield target
Uses the same rent and operating costs. Excludes purchase costs, finance, tax and price growth.
Forecast
Follow the investment through time
Full year-by-year figures
Alternatives
What else could your money do?
Compare property, savings and shares with the same starting cash and the same extra contributions.
Your rate, compounded annually.
Historical averages to 31 Dec 2025, with dividends reinvested. Past returns do not predict future returns. Sources & calculation
Fees & currency settings
The S&P 500 projection converts the USD scenario using your constant annual FX assumption. It is not a historical AUD return.
Ending wealth on the same cash budget
Year-by-year comparison
Concentrated asset, debt exposure, repairs and selling time. Sale costs included; capital gains tax excluded.
Lower capital risk, with changing rates and inflation risk. Eligible deposits may have FCS protection up to $250,000 per account holder per ADI.
Check deposit protection ↗Market fluctuations and, for US investments, currency exposure. Smooth growth lines do not represent real market volatility.
Is a new loan worth the switch?
Compare repayments, switching costs and the debt left to repay.
Your current loan
The new offer
Loan terms, fees and offset
Monthly model, with unchanged rates and offset. Before tax. Refinancing explained
Compare properties
Put your shortlist on the same page.
Select up to four saved scenarios. Compare both the outcome and the assumptions behind it.
Your shortlist starts here.
Save a property, then duplicate it to test a different price or add another property.
Net rental yield
Research checklist
Good inputs make better decisions.
Record what you’ve checked and where the figure came from. Saved with this property on your device.
PROPERTY GUIDES
Understand the numbers.
Gross vs net rental yield: what actually comes back to you
A property can advertise an attractive yield and still deliver a modest income. Here is where the difference goes.
Read guide Cash flow · 4 min readHow much does an investment property cost per week?
Calculate your weekly holding cost from collected rent, ownership bills and full loan repayments.
Read guide Investment comparison · 5 min readProperty vs shares vs savings: compare the same money
A property’s price is not the amount of cash you invest. Start with equal cash budgets, then compare the outcome and the risks.
Read guide Buying a property · 4 min readInvestment property due diligence: check the expensive assumptions
A useful property file contains evidence for the rent, the bills and the building condition. Start with the figures that could change your decision.
Read guideHow to calculate gross and net rental yield
Gross yield = annual rent before vacancy and costs ÷ purchase price × 100. Net yield = (collected rent − operating costs) ÷ purchase price × 100. This calculator allows for vacancy before applying management fees.
Start with price and rent for gross yield. Add Running costs for a more useful net estimate. A blank expense stays unconfirmed; enter 0 only when you mean no cost. Neither yield includes your loan repayments, personal tax or future capital growth.
Rental yield example: $600,000 and $650 a week
- Annual rent before vacancy
- $33,800
- Gross rental yield
- 5.63%
- Rent collected after two vacant weeks
- $32,500
- Annual operating costs, including management
- $11,875
- Net operating income
- $20,625
- Net rental yield
- 3.44%
Inspect the example inputs
- Purchase price $600,000; rent $650 a week; two weeks without rent each year.
- Annual rates $2,000; water $900; strata $3,500; insurance $1,200; maintenance $2,000.
- Management fee 7% of collected rent. Land tax and other running costs are set to $0 for this example.
- Loan $480,000 at an assumed 6% for 30 years, principal and interest, no offset. No extra capital spending or tax adjustment.
These are illustrative inputs, not current quotes or estimates for a particular property. Buying costs are separate from these annual figures.
$33,800 ÷ $600,000 × 100 = 5.63% gross. After vacancy and costs, $20,625 ÷ $600,000 × 100 = 3.44% net. Percentages are rounded to two decimal places.
Open this yield exampleWhat does a higher yield tell you?
It shows more rental income relative to the entered purchase price under your assumptions. It does not establish affordability, property quality or total investment return. Compare vacancy and costs on the same basis rather than choosing a property from one percentage.
A positive yield can still leave you funding a weekly shortfall once the loan is paid. Use the rental property cash-flow calculator for that question, or read the gross vs net rental yield guide. See the calculation assumptions.