Rental Yield & Cash Flow Calculator (Australia)
Work out gross yield, net yield and the weekly cash flow on an Australian investment property after vacancy, running costs and loan repayments. It runs in your browser, and nothing you enter is sent anywhere.
Last updated 29 Oct 2026Figures for 2026-27Sources: ATO, SRO Victoria, ASIC Moneysmart
Your results
- Gross yield
- Net yield (before finance)
- Rent collected / yr
- Running costs / yr
- Loan repayments / yr
- Pre-tax cash flow / yr
- Pre-tax cash flow / week
Not financial or tax advice. This is a general estimate from the figures you enter. It does not consider your personal circumstances. Check with a registered tax agent or licensed adviser before acting.
How it's calculated
- Gross yield = weekly rent × 52 ÷ purchase price × 100.
- Rent collected = weekly rent × (52 − vacancy weeks).
- Running costs = management % × rent collected + rates + insurance + strata + maintenance + other.
- Net yield = (rent collected − running costs) ÷ price × 100.
- Repayments: principal and interest uses the standard amortisation formula with monthly compounding. Interest-only is loan × rate.
- Cash flow = rent collected − running costs − repayments. This is before tax and depreciation, and it ignores purchase costs like stamp duty.
Worked example
A $650,000 property at $600/week brings in $31,200 a year, a 4.80% gross yield. With 2 weeks vacant, $30,000 is collected. Take off costs of $7,400 (including a 7% management fee of $2,100) and the net yield is 3.48%.
Rules and sources
- Deductible rental expenses and the interest-vs-principal rule: ATO: Rental expenses you can claim.
- Negative gearing changes from 1 July 2027: Budget 2026–27 tax explainer (PDF).
Last checked 29 October 2026. This calculator doesn't model tax, depreciation, CGT or the 2027 changes.
FAQ
What is a good rental yield in Australia?
There's no single good number. Gross yields of roughly 4–6% are commonly quoted, but net yield and cash flow after loan repayments matter more. Compare against similar properties in the same suburb.
What is the difference between gross and net rental yield?
Gross yield is annual rent divided by price. Net yield first takes off vacancy and running costs (management, rates, insurance, strata, maintenance), so it is always lower.
Does rental yield include mortgage interest?
No. Yield measures the property itself. This calculator shows loan repayments separately as cash flow, so you can see whether the property is positively or negatively geared before tax.
Is negative gearing changing?
Yes. The 2026–27 Budget announced that from 1 July 2027 negative gearing for residential property will be limited to new builds. Properties held before 7:30pm AEST 12 May 2026 are exempt. Check the Budget factsheet and get advice for your situation.
Are principal repayments tax deductible?
No. Generally only the interest on a loan used for the rental is deductible (ATO rental expenses guidance). Principal reduces your cash, but you can't claim it as a deduction.