The rental yield calculator allows you to work out the gross and net rental yields on any individual property or the entire portfolio of your lettings business.
Calculating your rental yield will help you see if your property is a good investment, and you might need it if you’re considering a buy to let mortgage.
Jump straight into the calculator below or scroll down for instructions on how to use it or to download a rental yield spreadsheet calculator of your own.
If your properties are in the UK and you’re working out rental yield in UK currency this calculator will do it for you. If you aren’t using UK currency scroll down to find out how to work out the rental yield for yourself.
If you’re working out rental yield for a single property, or properties you already own, it’s straightforward. Divide your annual rental income by the property value and then multiply it by 100 to get your yield percentage.
Don’t forget to exclude anything from your annual rental income that you regularly spend on the properties or their maintenance, or your yield percentage won’t be accurate.
Use our handy graphic below as a reminder:
If you’re working out the rental yield for a property you don’t own yet or one you don’t have tenants in this will be difficult. You might not yet know how much rent you’ll charge or how much your property expenses will be. In this instance you can use estimated figures but be aware that your rental yield calculation is only as accurate as the numbers you put into it.
Without a doubt the easiest way to calculate rental yield is to get an accountant to do it!
We’re not all made of time and money though, so the second best way is to have an accounting engine do it for you.
The Landlord Vision software contains powerful accounting features that will help you keep on top of your finances all year round. If you had Landlord Vision not only would you have been able to fill out our calculator quickly, but you’d be ready and waiting for tax return time instead of dreading it.
Don’t believe us? Take it for a spin: