Here is the gross rental yield calculator. Use this calculator to quickly and easily calculate the gross rental yield of any property.
Simply enter the purchase price of the property and the weekly rent and it will automatically calculate the gross rental yield for you.
This is also known as The 11 Second Rule Calculator
Price | |
Weekly Rent | |
Does It Pass The Quick Test? |
no
|
Yearly Rental Return |
0%
|
If a property is over 10.4% rental yield it passes what is known as “The Quick Test”. This is also known as “The 11-Second Rule” which was made famous by Steve McKnight in his book 0-130 Properties in 3.5 Years.
This occurs when the weekly rent of the property is double the price of the property (divided by 1,000).
Gross rental yield is calculated by taking the purchase price (or value) of a property and dividing it by the annual rental income.
Other Helpful Property Calculators
House Deposit Calculator – Quickly calculate how much money you will need for your house deposit.
Saving My House Deposit Calculator – Easily calculate how much you will need to save each month, week or day to achieve your savings target.
Tools for calculating cash flow accurately
There are a few tools out there for calculating the cash flow of your property effectively. Most are quite expensive and hard to use.
That why I created Property Tools. A online calculator that allows you to quickly and easily estimate the cash flow of any property in seconds.
Simply enter purchase price and rental income to get an initial estimate, and then go into more details on each expense item to get a more accurate result.
Hand’s down the easiest way to calculate positive cash flow properties
[youtube id=”orFBPPxpoAE” align=”center” mode=”lazyload” maxwidth=”800″]
[su_button url=”http://propertytools.com.au/pricing/” target=”blank” style=”ghost” background=”#21a3eb” color=”#21a3eb” size=”10″ center=”yes”]Get Property Tools Now[/su_button]
365 Day Money-Back Guarantee