Rental Yield Calculator

Gross and net rental yield — no financing, no leverage, just the cash numbers

This deliberately excludes any financing or leverage effect — no mortgage/loan interest, no comparison against a bank return. It's a pure rent-vs-value calculation.

Get your annual property tax figure from the Property Tax calculator to plug in below.

Frequently Asked Questions

Why is there no mortgage or financing option?
Deliberately. This calculator only looks at the cash relationship between rent and property value — no loan interest, no leverage effect, no comparison against a bank return. Financed returns depend entirely on your specific loan terms, which vary too much to model generically here.
What's a reasonable vacancy allowance?
It depends heavily on your local rental market and property type, but 1 month of vacancy per year (roughly 8%) is a commonly used planning assumption for residential rentals in stable markets — adjust it based on your own experience or area.
Where do I get the annual property tax figure?
Use our Property Tax calculator with your property's Annual Rental Value and province — it'll give you the annual figure to plug into this calculator's optional property tax field.

Rental yield measures how much a property actually returns as a percentage of its value from rent alone — separate from any capital appreciation — and Pakistani property discussions routinely conflate a healthy-sounding gross rent figure with the much more meaningful net yield after real running costs are subtracted.

Gross yield vs. net yield — and why the gap matters

Gross yield is simply annual rent divided by property value — a quick, easy number, but one that ignores every cost of actually owning and renting the property. Net yield subtracts property tax, maintenance, an allowance for vacancy periods between tenants, and management fees (if a property manager is used) before dividing by property value, producing a meaningfully lower — and more honest — return figure. The gap between gross and net yield is often large enough to change whether a property looks like a good investment at all, which is exactly why relying on gross yield alone (the number most casually quoted in property listings and conversations) can be misleading.

A worked example

A property advertised with an attractive gross yield can turn out to have a much thinner net yield once realistic maintenance costs, a reasonable vacancy allowance (properties don't stay rented 100% of the time), and property tax are actually subtracted — the gross number alone systematically overstates what an owner actually nets from the investment.

How this connects to your other property decisions

The rent figure you plug in here is the same rent that gets taxed under Rental Income Tax — so your true after-tax net yield is lower still than what this calculator shows, since it models operating costs but not the income tax on the rental income itself. And the property tax input should reflect your actual Property Tax (UIPT) bill, not a guess, since that's one of the larger recurring costs subtracted in the net yield calculation.

Common mistakes

The most common mistake is comparing one property's gross yield against another property's net yield, or against a generic "average yield" figure from an unrelated market — always compare like-for-like (gross to gross, net to net) and, where possible, use net yield for any decision that actually matters, since it's the number that reflects what a property really returns after real costs.

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