If you are not sure on how to calculate yearly rental yield on a property, take a look at the steps below to learn.
Say you bought a investment property in QLD for 650k and your weekly rental returns is $650per week.
You Times $650 weekly rental return x 52 weeks in a year this = $33,800 then
Divide the weekly rental return by the purchase price.
$33,800 divided by $650,000= 0.052 then
Times 0.052 by 100%
Which comes to 5.2% annual rental yield.
This is the rental yield for the example above
Need help with property or finance?
Whether you're buying a property or looking for the right loan strategy, we can help you move forward with confidence.
Buyers Agent Services Mortgage Broker ServicesNeed clarity on your property or loan options?
Book a free strategy call or submit your details and I’ll review your situation personally.
Book Strategy Call Apply & Get AssessedDiscover more from Truth Group Pty Ltd
Subscribe to get the latest posts sent to your email.