Property input form
Use the fields below to estimate annual income, vacancy impact, operating expenses, and yield on cost or market value.
Example data table
These worked examples show how vacancy, expenses, and basis choice can change the final yield even when rents look attractive.
| Property | Acquisition Cost | Annual Gross Rent | Operating Expenses | NOI | Net Yield |
|---|---|---|---|---|---|
| City Apartment | $192,000.00 | $18,000.00 | $7,118.00 | $9,982.00 | 5.20% |
| Suburban Duplex | $276,000.00 | $29,400.00 | $9,484.52 | $18,151.48 | 6.58% |
| Holiday Studio | $132,500.00 | $15,600.00 | $7,222.80 | $6,505.20 | 4.91% |
Formula used
(Monthly Rent × 12) + Annual Other Income
Annual Gross Rent × Vacancy Rate
Annual Gross Rent − Vacancy Loss
Effective Gross Income × Management Fee Rate
Management Fee + Tax + Insurance + Maintenance + HOA + Utilities + Marketing + Leasing + Service Charge + Legal + Ground Rent + Other Costs
Effective Gross Income − Total Operating Expenses
(Net Operating Income ÷ Yield Basis) × 100
How to use this calculator
- Enter the property name and the currency label you want displayed.
- Choose whether yield should be measured on acquisition cost or current market value.
- Fill in rent, other annual income, and your expected vacancy rate.
- Add annual operating costs, including tax, insurance, management, and reserves.
- Click the calculate button to show results above the form.
- Download the result summary as CSV or PDF for reporting.
Frequently asked questions
1. What does net rental yield measure?
Net rental yield measures annual operating income after vacancy and operating costs, divided by your chosen property basis. It helps compare properties on a more realistic income basis than gross yield.
2. Should I use purchase cost or market value?
Use purchase cost when judging your original investment efficiency. Use current market value when comparing today’s return against selling, refinancing, or switching capital into another property.
3. Are mortgage payments included here?
No. Net rental yield focuses on property performance before financing. Debt costs vary by lender, term, and rate, so they are better reviewed separately through cash flow or cash-on-cash analysis.
4. Why is vacancy rate important?
Vacancy reduces collectible rent even when advertised rent looks strong. Including vacancy makes the estimate more conservative and closer to what many landlords actually collect over a full year.
5. What expenses should I not forget?
Common missed items include leasing fees, owner-paid utilities, service charges, legal costs, and maintenance reserves. Leaving them out can make a property look stronger than it really is.
6. Is a higher net yield always better?
Not always. Higher yield can come with weaker locations, higher turnover, greater repairs, or slower capital appreciation. Review yield alongside risk, occupancy quality, and long-term strategy.
7. Can I use this for short-term rentals?
Yes, as long as you convert expected booking revenue and cleaning-related owner costs into annual figures. You should also use a realistic vacancy or occupancy assumption for seasonal demand.
8. Why does the calculator show break-even occupancy?
Break-even occupancy shows the share of potential rent needed to cover operating costs. It helps you judge how much vacancy pressure the property can absorb before income turns weak.