Rental Yield Calculator
1,000 - 5,000 downloadsAdd this app to your lists
+ By Wentworth Financial Services
Rental yield allows you to check a potential property to ensure you are not getting a deminishing return on your investment. Good rental yield is anywhere above 6-7%, and this would indicate that the property maybe a worthwhile investment.
Our free rental yield calculator allows you to make that critical calculation whilst out and about viewing properties with your phone or Android device. It not only takes into account your purchase price (deposit plus mortgage if any), stamp duty, legal, survey and any finance fees, monthly mortgage interest, renovation work, decorating and furnishing. On entering a potential rental amount it will calculate the rental yield, or by setting the yield required it will tell you how much rent you must charge to achieve this.
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Recently changed in this version:
Fixed some bugs related to decimal place figures, restricted some questions to whole figures only.
Added links for Buy to let mortgage quotes, and landlord insurance quotes.