Gross rental yield is one simple way to compare expected annual rent with the purchase price or current value of a property. It does not show your complete return.
Use the calculator as a starting point, then obtain independent financial, tax, legal and building advice. A current rental appraisal can help provide a more informed rent estimate for the individual property.
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.