Rental yield calculator

Thinking about renting out your property? Use our free rental calculator below to get emailed a free report.

Rental calculator

Please note that we have added a minimum of $8000 estimated annual expenses in this calculation. The expenses for your rental can include:

  • The cost of insuring your rental property
  • The rates for the property
  • Payments to agents who collect rent, maintain your rental, or find tenants for you
  • Fees paid to an accountant for managing accounts, preparing tax returns and advice
  • Repair and maintenance costs
  • Fees for arranging a mortgage to finance the rental property
  • Fees for drawing up a tenancy agreement
  • The cost of getting a valuation required to get a mortgage, but not insurance valuations
  • The costs of taking legal action to recover unpaid rent
  • The costs for evicting a tenant
  • Depreciation on capital expenses
  • Travel expenses for travelling to inspect your property or to do repairs
  • Legal fees involved in buying a rental property, as long as the expense is $10,000 or less.

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