Follow the default numbers.
With purchase price of $350,000, monthly rent of $2,400, the model gives gross rental yield: 8.23%.
The formula is income, operating expenses and financing. Open the breakdown to trace expenses and assumptions. Change one input at a time to see how your decision changes. This example uses scenario inputs; it is not an offer, tax bill, appraisal or legal determination.
Gross and net yield answer different questions
Gross yield divides scheduled annual rental income by purchase price. Net yield uses NOI after vacancy and ordinary operating expenses. Both exclude financing, so they help compare properties before choosing a loan. The denominator is purchase price rather than all acquisition cash. If you compare a quote using total project cost, adjust the inputs or denominator consistently.
Reserves affect spendable income
A replacement reserve sits after NOI in this model. It therefore does not reduce net yield, but it does reduce cash you could withdraw. A property with deferred maintenance can need a much larger reserve than a newer home. Do not treat a headline yield as a distribution rate without checking the cash-flow breakdown.
Keep your assumptions with the result
Save the calculation to your deal file to reuse compatible inputs in another tool. The file stays in this browser on this device. Download the CSV to open the complete inputs, results and schedule in Excel or Google Sheets. Use PDF to print the report or save it as a PDF. A share link includes entered financial figures in its URL, so use it only with people you intend to share those numbers with.