Rental Yield Calculator
Evaluate potential rental property investments with this comprehensive yield calculator. Calculate gross yield, net yield, and capitalization rate. Factor in purchase price, rental income, operating expenses, vacancy rates, and financing costs. Compare different properties and scenarios to make data-driven investment decisions. Perfect for real estate investors, landlords, and property managers.
Try the Calculator
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
64
65
66
67
68
69
70
71
72
73
74
75
76
77
78
79
80
81
82
83
84
85
86
87
88
89
90
91
92
93
94
95
96
97
98
99
100
101
102
103
104
105
106
107
108
109
110
111
112
113
114
115
116
117
118
119
120
121
122
123
124
125
126
127
128
129
130
131
132
133
134
135
136
137
138
139
140
141
142
143
144
145
146
147
148
149
150
151
152
153
154
155
156
157
158
159
160
161
162
163
164
165
166
167
168
169
170
171
172
173
174
175
176
177
178
179
180
181
182
183
184
185
186
187
188
189
190
191
192
193
194
195
196
197
198
199
200
201
202
203
204
205
206
207
208
209
210
211
212
213
214
215
216
217
218
219
220
221
222
223
224
225
226
227
228
229
230
231
232
233
234
235
236
237
238
239
240
241
242
243
244
245
246
247
248
249
250
251
252
253
254
255
256
257
258
259
260
261
262
263
264
265
266
267
268
269
270
271
272
273
274
275
276
277
278
279
280
281
282
283
284
285
286
287
288
289
290
291
292
293
294
295
296
297
298
299
300
301
302
303
304
305
306
307
308
309
310
311
312
313
314
315
316
317
318
319
320
321
322
323
324
325
326
327
328
329
330
331
332
333
334
335
336
337
338
339
340
341
342
343
344
345
346
347
348
349
350
351
352
353
354
355
356
357
358
359
360
361
362
363
364
365
366
367
368
369
370
371
372
373
374
375
376
377
378
379
380
381
382
383
384
385
386
387
388
389
390
391
392
393
394
395
396
397
398
399
400
401
402
403
404
405
406
407
408
409
410
411
412
413
414
415
416
417
418
419
420
421
422
423
424
425
426
427
428
429
430
431
432
433
434
435
436
437
438
439
440
441
442
443
444
445
446
447
448
449
export function rentalYieldCalculator(form: FormTs) {
form.addRow(row => {
row.addTextPanel('header', {
computedValue: () => 'Rental Yield Calculator',
customStyles: { 'font-size': '1.5rem', 'font-weight': '600', 'color': '#1e293b' }
});
});
form.addSpacer({ height: 20 });
// Property Details Section
const propertySection = form.addSubform('property', { title: '🏠 Property Details' });
propertySection.addRow(row => {
row.addMoney('purchasePrice', {
label: 'Purchase Price',
min: 10000,
max: 10000000,
defaultValue: 350000,
isRequired: true,
tooltip: 'Total property purchase price'
}, '1fr');
row.addMoney('closingCosts', {
label: 'Closing Costs',
min: 0,
max: 100000,
defaultValue: 10000,
tooltip: 'Legal fees, inspections, etc.'
}, '1fr');
});
propertySection.addRow(row => {
row.addMoney('renovations', {
label: 'Renovation/Repair Costs',
min: 0,
max: 500000,
defaultValue: 0,
tooltip: 'Initial improvements before renting'
}, '1fr');
row.addDropdown('propertyType', {
label: 'Property Type',
options: [
{ id: 'single-family', name: 'Single Family Home' },
{ id: 'condo', name: 'Condo/Apartment' },
{ id: 'townhouse', name: 'Townhouse' },
{ id: 'duplex', name: 'Duplex' },
{ id: 'triplex', name: 'Triplex' },
{ id: 'fourplex', name: 'Fourplex' },
{ id: 'multi-family', name: 'Multi-family (5+)' }
],
defaultValue: 'single-family'
}, '1fr');
});
// Rental Income Section
const incomeSection = form.addSubform('income', { title: '💵 Rental Income' });
incomeSection.addRow(row => {
row.addMoney('monthlyRent', {
label: 'Monthly Rent',
min: 100,
max: 50000,
defaultValue: 2200,
isRequired: true,
tooltip: 'Expected monthly rental income'
}, '1fr');
row.addInteger('units', {
label: 'Number of Units',
min: 1,
max: 100,
defaultValue: 1,
tooltip: 'Total rentable units'
}, '1fr');
});
incomeSection.addRow(row => {
row.addDecimal('vacancyRate', {
label: 'Vacancy Rate (%)',
min: 0,
max: 50,
defaultValue: 5,
tooltip: 'Expected vacancy percentage'
}, '1fr');
row.addMoney('otherIncome', {
label: 'Other Monthly Income',
min: 0,
max: 5000,
defaultValue: 0,
tooltip: 'Parking, laundry, storage, etc.'
}, '1fr');
});
// Operating Expenses Section
const expensesSection = form.addSubform('expenses', { title: '📊 Operating Expenses (Monthly)' });
expensesSection.addRow(row => {
row.addMoney('propertyTax', {
label: 'Property Tax',
min: 0,
max: 10000,
defaultValue: 350,
tooltip: 'Monthly property tax'
}, '1fr');
row.addMoney('insurance', {
label: 'Insurance',
min: 0,
max: 2000,
defaultValue: 120,
tooltip: 'Landlord insurance premium'
}, '1fr');
});
expensesSection.addRow(row => {
row.addMoney('hoa', {
label: 'HOA/Condo Fees',
min: 0,
max: 2000,
defaultValue: 0,
tooltip: 'Homeowners association fees'
}, '1fr');
row.addMoney('utilities', {
label: 'Utilities (if owner-paid)',
min: 0,
max: 1000,
defaultValue: 0,
tooltip: 'Water, electric, gas if not tenant-paid'
}, '1fr');
});
expensesSection.addRow(row => {
row.addDecimal('managementFee', {
label: 'Property Management (%)',
min: 0,
max: 20,
defaultValue: 8,
tooltip: 'Percentage of rent to manager'
}, '1fr');
row.addDecimal('maintenanceReserve', {
label: 'Maintenance Reserve (%)',
min: 0,
max: 20,
defaultValue: 5,
tooltip: 'Set aside for repairs'
}, '1fr');
});
expensesSection.addRow(row => {
row.addMoney('otherExpenses', {
label: 'Other Monthly Expenses',
min: 0,
max: 2000,
defaultValue: 0,
tooltip: 'Lawn care, pest control, etc.'
});
});
// Financing Section
const financingSection = form.addSubform('financing', { title: '🏦 Financing (Optional)' });
financingSection.addRow(row => {
row.addCheckbox('useFinancing', {
label: 'Include mortgage financing',
defaultValue: true
});
});
financingSection.addRow(row => {
row.addDecimal('downPayment', {
label: 'Down Payment (%)',
min: 0,
max: 100,
defaultValue: 25,
isVisible: () => financingSection.checkbox('useFinancing')?.value(),
tooltip: 'Investment properties often require 20-25%'
}, '1fr');
row.addDecimal('interestRate', {
label: 'Interest Rate (%)',
min: 0,
max: 15,
defaultValue: 7,
isVisible: () => financingSection.checkbox('useFinancing')?.value()
}, '1fr');
});
financingSection.addRow(row => {
row.addDropdown('loanTerm', {
label: 'Loan Term',
options: [
{ id: '15', name: '15 years' },
{ id: '20', name: '20 years' },
{ id: '25', name: '25 years' },
{ id: '30', name: '30 years' }
],
defaultValue: '30',
isVisible: () => financingSection.checkbox('useFinancing')?.value()
});
});
form.addSpacer({ height: 20, showLine: true, lineStyle: 'dashed' });
// Yields Section
const yieldsSection = form.addSubform('yields', { title: '📈 Yield Analysis', isCollapsible: false });
yieldsSection.addRow(row => {
row.addTextPanel('grossYield', {
computedValue: () => {
const purchasePrice = propertySection.money('purchasePrice')?.value() || 350000;
const monthlyRent = incomeSection.money('monthlyRent')?.value() || 2200;
const units = incomeSection.integer('units')?.value() || 1;
const annualRent = monthlyRent * units * 12;
const grossYield = (annualRent / purchasePrice) * 100;
return `Gross Yield: ${(Number(grossYield) || 0).toFixed(2)}%`;
},
customStyles: { 'font-size': '1.1rem', 'font-weight': '600', 'color': '#059669', 'text-align': 'center' }
}, '1fr');
row.addTextPanel('netYield', {
computedValue: () => {
const purchasePrice = propertySection.money('purchasePrice')?.value() || 350000;
const monthlyRent = incomeSection.money('monthlyRent')?.value() || 2200;
const units = incomeSection.integer('units')?.value() || 1;
const otherIncome = incomeSection.money('otherIncome')?.value() || 0;
const vacancyRate = incomeSection.decimal('vacancyRate')?.value() || 5;
const grossAnnualIncome = (monthlyRent * units + otherIncome) * 12;
const effectiveIncome = grossAnnualIncome * (1 - vacancyRate / 100);
// Annual expenses
const propertyTax = (expensesSection.money('propertyTax')?.value() || 350) * 12;
const insurance = (expensesSection.money('insurance')?.value() || 120) * 12;
const hoa = (expensesSection.money('hoa')?.value() || 0) * 12;
const utilities = (expensesSection.money('utilities')?.value() || 0) * 12;
const managementFee = (expensesSection.decimal('managementFee')?.value() || 8) / 100 * effectiveIncome;
const maintenanceReserve = (expensesSection.decimal('maintenanceReserve')?.value() || 5) / 100 * effectiveIncome;
const otherExpenses = (expensesSection.money('otherExpenses')?.value() || 0) * 12;
const totalExpenses = propertyTax + insurance + hoa + utilities + managementFee + maintenanceReserve + otherExpenses;
const noi = effectiveIncome - totalExpenses;
const netYield = (noi / purchasePrice) * 100;
return `Net Yield: ${(Number(netYield) || 0).toFixed(2)}%`;
},
customStyles: { 'font-size': '1.1rem', 'font-weight': '600', 'color': '#0284c7', 'text-align': 'center' }
}, '1fr');
});
yieldsSection.addRow(row => {
row.addTextPanel('capRate', {
computedValue: () => {
const purchasePrice = propertySection.money('purchasePrice')?.value() || 350000;
const closingCosts = propertySection.money('closingCosts')?.value() || 10000;
const renovations = propertySection.money('renovations')?.value() || 0;
const totalInvestment = purchasePrice + closingCosts + renovations;
const monthlyRent = incomeSection.money('monthlyRent')?.value() || 2200;
const units = incomeSection.integer('units')?.value() || 1;
const otherIncome = incomeSection.money('otherIncome')?.value() || 0;
const vacancyRate = incomeSection.decimal('vacancyRate')?.value() || 5;
const grossAnnualIncome = (monthlyRent * units + otherIncome) * 12;
const effectiveIncome = grossAnnualIncome * (1 - vacancyRate / 100);
const propertyTax = (expensesSection.money('propertyTax')?.value() || 350) * 12;
const insurance = (expensesSection.money('insurance')?.value() || 120) * 12;
const hoa = (expensesSection.money('hoa')?.value() || 0) * 12;
const utilities = (expensesSection.money('utilities')?.value() || 0) * 12;
const managementFee = (expensesSection.decimal('managementFee')?.value() || 8) / 100 * effectiveIncome;
const maintenanceReserve = (expensesSection.decimal('maintenanceReserve')?.value() || 5) / 100 * effectiveIncome;
const otherExpenses = (expensesSection.money('otherExpenses')?.value() || 0) * 12;
const totalExpenses = propertyTax + insurance + hoa + utilities + managementFee + maintenanceReserve + otherExpenses;
const noi = effectiveIncome - totalExpenses;
const capRate = (noi / totalInvestment) * 100;
return `Cap Rate: ${(Number(capRate) || 0).toFixed(2)}%`;
},
customStyles: { 'font-size': '1.1rem', 'font-weight': '600', 'color': '#7c3aed', 'text-align': 'center' }
});
});
// Cash Flow Section
const cashFlowSection = form.addSubform('cashFlow', { title: '💰 Cash Flow', isCollapsible: false });
cashFlowSection.addRow(row => {
row.addPriceDisplay('monthlyCashFlow', {
label: 'Monthly Cash Flow',
computedValue: () => {
const monthlyRent = incomeSection.money('monthlyRent')?.value() || 2200;
const units = incomeSection.integer('units')?.value() || 1;
const otherIncome = incomeSection.money('otherIncome')?.value() || 0;
const vacancyRate = incomeSection.decimal('vacancyRate')?.value() || 5;
const grossMonthlyIncome = monthlyRent * units + otherIncome;
const effectiveMonthlyIncome = grossMonthlyIncome * (1 - vacancyRate / 100);
const propertyTax = expensesSection.money('propertyTax')?.value() || 350;
const insurance = expensesSection.money('insurance')?.value() || 120;
const hoa = expensesSection.money('hoa')?.value() || 0;
const utilities = expensesSection.money('utilities')?.value() || 0;
const managementFee = (expensesSection.decimal('managementFee')?.value() || 8) / 100 * effectiveMonthlyIncome;
const maintenanceReserve = (expensesSection.decimal('maintenanceReserve')?.value() || 5) / 100 * effectiveMonthlyIncome;
const otherExpenses = expensesSection.money('otherExpenses')?.value() || 0;
let totalMonthlyExpenses = propertyTax + insurance + hoa + utilities + managementFee + maintenanceReserve + otherExpenses;
// Add mortgage if using financing
if (financingSection.checkbox('useFinancing')?.value()) {
const purchasePrice = propertySection.money('purchasePrice')?.value() || 350000;
const downPaymentPercent = financingSection.decimal('downPayment')?.value() || 25;
const loanAmount = purchasePrice * (1 - downPaymentPercent / 100);
const interestRate = financingSection.decimal('interestRate')?.value() || 7;
const term = parseInt(financingSection.dropdown('loanTerm')?.value() || '30') * 12;
const monthlyRate = interestRate / 100 / 12;
if (monthlyRate > 0 && loanAmount > 0) {
const mortgagePayment = loanAmount * (monthlyRate * Math.pow(1 + monthlyRate, term)) / (Math.pow(1 + monthlyRate, term) - 1);
totalMonthlyExpenses += mortgagePayment;
}
}
return Math.round((effectiveMonthlyIncome - totalMonthlyExpenses) * 100) / 100;
},
variant: 'large'
});
});
cashFlowSection.addRow(row => {
row.addPriceDisplay('annualCashFlow', {
label: 'Annual Cash Flow',
computedValue: () => {
const monthlyRent = incomeSection.money('monthlyRent')?.value() || 2200;
const units = incomeSection.integer('units')?.value() || 1;
const otherIncome = incomeSection.money('otherIncome')?.value() || 0;
const vacancyRate = incomeSection.decimal('vacancyRate')?.value() || 5;
const grossMonthlyIncome = monthlyRent * units + otherIncome;
const effectiveMonthlyIncome = grossMonthlyIncome * (1 - vacancyRate / 100);
const propertyTax = expensesSection.money('propertyTax')?.value() || 350;
const insurance = expensesSection.money('insurance')?.value() || 120;
const hoa = expensesSection.money('hoa')?.value() || 0;
const utilities = expensesSection.money('utilities')?.value() || 0;
const managementFee = (expensesSection.decimal('managementFee')?.value() || 8) / 100 * effectiveMonthlyIncome;
const maintenanceReserve = (expensesSection.decimal('maintenanceReserve')?.value() || 5) / 100 * effectiveMonthlyIncome;
const otherExpenses = expensesSection.money('otherExpenses')?.value() || 0;
let totalMonthlyExpenses = propertyTax + insurance + hoa + utilities + managementFee + maintenanceReserve + otherExpenses;
if (financingSection.checkbox('useFinancing')?.value()) {
const purchasePrice = propertySection.money('purchasePrice')?.value() || 350000;
const downPaymentPercent = financingSection.decimal('downPayment')?.value() || 25;
const loanAmount = purchasePrice * (1 - downPaymentPercent / 100);
const interestRate = financingSection.decimal('interestRate')?.value() || 7;
const term = parseInt(financingSection.dropdown('loanTerm')?.value() || '30') * 12;
const monthlyRate = interestRate / 100 / 12;
if (monthlyRate > 0 && loanAmount > 0) {
const mortgagePayment = loanAmount * (monthlyRate * Math.pow(1 + monthlyRate, term)) / (Math.pow(1 + monthlyRate, term) - 1);
totalMonthlyExpenses += mortgagePayment;
}
}
return Math.round((effectiveMonthlyIncome - totalMonthlyExpenses) * 12 * 100) / 100;
},
variant: 'success'
}, '1fr');
row.addTextPanel('cashOnCash', {
computedValue: () => {
const purchasePrice = propertySection.money('purchasePrice')?.value() || 350000;
const closingCosts = propertySection.money('closingCosts')?.value() || 10000;
const renovations = propertySection.money('renovations')?.value() || 0;
let totalCashInvested = purchasePrice + closingCosts + renovations;
if (financingSection.checkbox('useFinancing')?.value()) {
const downPaymentPercent = financingSection.decimal('downPayment')?.value() || 25;
totalCashInvested = purchasePrice * (downPaymentPercent / 100) + closingCosts + renovations;
}
const monthlyRent = incomeSection.money('monthlyRent')?.value() || 2200;
const units = incomeSection.integer('units')?.value() || 1;
const otherIncome = incomeSection.money('otherIncome')?.value() || 0;
const vacancyRate = incomeSection.decimal('vacancyRate')?.value() || 5;
const grossMonthlyIncome = monthlyRent * units + otherIncome;
const effectiveMonthlyIncome = grossMonthlyIncome * (1 - vacancyRate / 100);
const propertyTax = expensesSection.money('propertyTax')?.value() || 350;
const insurance = expensesSection.money('insurance')?.value() || 120;
const hoa = expensesSection.money('hoa')?.value() || 0;
const utilities = expensesSection.money('utilities')?.value() || 0;
const managementFee = (expensesSection.decimal('managementFee')?.value() || 8) / 100 * effectiveMonthlyIncome;
const maintenanceReserve = (expensesSection.decimal('maintenanceReserve')?.value() || 5) / 100 * effectiveMonthlyIncome;
const otherExpenses = expensesSection.money('otherExpenses')?.value() || 0;
let totalMonthlyExpenses = propertyTax + insurance + hoa + utilities + managementFee + maintenanceReserve + otherExpenses;
if (financingSection.checkbox('useFinancing')?.value()) {
const loanAmount = purchasePrice * (1 - (financingSection.decimal('downPayment')?.value() || 25) / 100);
const interestRate = financingSection.decimal('interestRate')?.value() || 7;
const term = parseInt(financingSection.dropdown('loanTerm')?.value() || '30') * 12;
const monthlyRate = interestRate / 100 / 12;
if (monthlyRate > 0 && loanAmount > 0) {
const mortgagePayment = loanAmount * (monthlyRate * Math.pow(1 + monthlyRate, term)) / (Math.pow(1 + monthlyRate, term) - 1);
totalMonthlyExpenses += mortgagePayment;
}
}
const annualCashFlow = (effectiveMonthlyIncome - totalMonthlyExpenses) * 12;
const cashOnCash = (annualCashFlow / totalCashInvested) * 100;
return `Cash-on-Cash Return: ${(Number(cashOnCash) || 0).toFixed(2)}%`;
},
customStyles: { 'font-size': '1rem', 'font-weight': '600', 'color': '#dc2626', 'text-align': 'center' }
}, '1fr');
});
// Summary Section
const summarySection = form.addSubform('summary', {
title: '📋 Summary',
isCollapsible: false,
sticky: 'bottom'
});
summarySection.addRow(row => {
row.addTextPanel('summaryText', {
computedValue: () => {
const purchasePrice = propertySection.money('purchasePrice')?.value() || 350000;
const monthlyRent = incomeSection.money('monthlyRent')?.value() || 2200;
const units = incomeSection.integer('units')?.value() || 1;
return `$${purchasePrice.toLocaleString()} property | $${(monthlyRent * units).toLocaleString()}/month rent`;
},
customStyles: { 'font-size': '0.95rem', 'font-weight': '500', 'text-align': 'center', 'color': '#1e293b' }
});
});
summarySection.addRow(row => {
row.addTextPanel('disclaimer', {
computedValue: () => 'Projections are estimates. Actual returns depend on market conditions, tenant quality, and property management.',
customStyles: { 'font-size': '0.8rem', 'color': '#64748b', 'text-align': 'center' }
});
});
form.configureSubmitButton({
label: 'Save Analysis'
});
}
Frequently Asked Questions
What is a good rental yield?
Gross yields of 5-8% are generally considered good, though this varies by market. Net yields (after expenses) of 4-6% are typically solid. High-growth areas may have lower yields but better appreciation.
What's the difference between gross and net yield?
Gross yield is annual rent divided by purchase price. Net yield subtracts operating expenses (taxes, insurance, maintenance, management). Net yield gives a more accurate picture of actual returns.
What is cap rate?
Capitalization rate is net operating income divided by property value. It measures return independent of financing. Higher cap rates indicate higher returns but often higher risk markets.
Should I factor in appreciation?
Appreciation can significantly boost total returns but is speculative. Focus first on cash flow - positive monthly cash flow protects you if appreciation is slower than expected.