Rental Yield Calculator

Gross yield, net yield, cap rate, and payback period for a rental property.

Quick answer: Free Rental Yield Calculator online. Compare real estate investments by easily calculating gross yield, net yield, and cap rates directly.

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$/mo
$/mo
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Gross rental yield6.51%
Net rental yield4.8%
Cap rate4.8%
Annual NOI$16,800
Annual gross rent$22,800
Payback period20.8 years

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Calculate the gross and net rental yield and cap rate for an investment property — the core metrics every real estate investor uses to compare deals.

How it works

  1. Enter the purchase price of the rental property.
  2. Enter expected monthly rent and total monthly expenses.
  3. Adjust the expected vacancy rate to view the property cap rate and net yield.

Frequently asked questions

What is a good rental yield?

In the US, 5–8% gross yield is considered reasonable. Net yield after expenses is typically 3–5%. Location matters enormously — high-appreciation markets often have lower yields.

Cap rate vs net yield?

Net yield includes your specific financing; cap rate ignores it — making cap rate the standard for comparing properties on their own merits.

What counts as expenses?

Property tax, insurance, property management (typically 8–10% of rent), maintenance reserves (~1% of value/year), and vacancy losses.

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