/* Calculator Container Styles */
.ry-calculator-container {
max-width: 800px;
margin: 0 auto;
font-family: 'Segoe UI', Tahoma, Geneva, Verdana, sans-serif;
background-color: #f9f9f9;
border: 1px solid #e0e0e0;
border-radius: 8px;
padding: 30px;
box-shadow: 0 4px 6px rgba(0,0,0,0.05);
}
.ry-form-grid {
display: grid;
grid-template-columns: 1fr 1fr;
gap: 20px;
margin-bottom: 25px;
}
@media (max-width: 600px) {
.ry-form-grid {
grid-template-columns: 1fr;
}
}
.ry-input-group {
display: flex;
flex-direction: column;
}
.ry-input-group label {
font-weight: 600;
margin-bottom: 8px;
color: #333;
font-size: 0.95em;
}
.ry-input-group input {
padding: 10px;
border: 1px solid #ccc;
border-radius: 4px;
font-size: 16px;
transition: border-color 0.3s;
}
.ry-input-group input:focus {
border-color: #2c7be5;
outline: none;
}
.ry-btn-container {
text-align: center;
margin-bottom: 30px;
}
.ry-calculate-btn {
background-color: #2c7be5;
color: white;
border: none;
padding: 12px 30px;
font-size: 18px;
font-weight: bold;
border-radius: 5px;
cursor: pointer;
transition: background-color 0.2s;
}
.ry-calculate-btn:hover {
background-color: #1a5bb0;
}
/* Results Section */
.ry-results-box {
background-color: #ffffff;
border: 1px solid #dcdcdc;
border-radius: 6px;
padding: 20px;
display: none; /* Hidden by default */
}
.ry-results-box.visible {
display: block;
animation: fadeIn 0.5s;
}
.ry-result-row {
display: flex;
justify-content: space-between;
align-items: center;
padding: 12px 0;
border-bottom: 1px solid #eee;
}
.ry-result-row:last-child {
border-bottom: none;
}
.ry-result-label {
color: #555;
font-size: 1em;
}
.ry-result-value {
font-weight: 700;
font-size: 1.2em;
color: #222;
}
.ry-highlight {
color: #27ae60;
font-size: 1.4em;
}
/* Content Styling */
.ry-article-content {
margin-top: 50px;
line-height: 1.6;
color: #444;
}
.ry-article-content h2 {
color: #222;
margin-top: 30px;
border-bottom: 2px solid #2c7be5;
padding-bottom: 10px;
display: inline-block;
}
.ry-article-content h3 {
color: #333;
margin-top: 25px;
}
.ry-article-content ul {
margin-bottom: 20px;
padding-left: 20px;
}
.ry-article-content li {
margin-bottom: 10px;
}
@keyframes fadeIn {
from { opacity: 0; transform: translateY(10px); }
to { opacity: 1; transform: translateY(0); }
}
function calculateRentalYield() {
// Get Inputs
var purchasePrice = parseFloat(document.getElementById("ry_price").value);
var monthlyRent = parseFloat(document.getElementById("ry_rent").value);
var annualHoa = parseFloat(document.getElementById("ry_hoa").value);
var annualTax = parseFloat(document.getElementById("ry_tax").value);
var annualMaint = parseFloat(document.getElementById("ry_maint").value);
var vacancyRate = parseFloat(document.getElementById("ry_vacancy").value);
// Validation
if (isNaN(purchasePrice) || isNaN(monthlyRent)) {
alert("Please enter at least the Purchase Price and Monthly Rent.");
return;
}
// Handle optional fields as 0 if empty/NaN
if (isNaN(annualHoa)) annualHoa = 0;
if (isNaN(annualTax)) annualTax = 0;
if (isNaN(annualMaint)) annualMaint = 0;
if (isNaN(vacancyRate)) vacancyRate = 0;
// Calculations
var grossAnnualIncome = monthlyRent * 12;
var vacancyLoss = grossAnnualIncome * (vacancyRate / 100);
var effectiveGrossIncome = grossAnnualIncome – vacancyLoss;
var totalExpenses = annualHoa + annualTax + annualMaint;
var netOperatingIncome = effectiveGrossIncome – totalExpenses;
// Yields
var grossYield = (grossAnnualIncome / purchasePrice) * 100;
var netYield = (netOperatingIncome / purchasePrice) * 100;
// Formatting Helper
function formatCurrency(num) {
return "$" + num.toFixed(2).replace(/\d(?=(\d{3})+\.)/g, '$&,');
}
// Update DOM
document.getElementById("res_gross_income").innerHTML = formatCurrency(grossAnnualIncome);
document.getElementById("res_expenses").innerHTML = formatCurrency(totalExpenses + vacancyLoss);
document.getElementById("res_noi").innerHTML = formatCurrency(netOperatingIncome);
document.getElementById("res_gross_yield").innerHTML = grossYield.toFixed(2) + "%";
document.getElementById("res_net_yield").innerHTML = netYield.toFixed(2) + "%";
// Show Results
document.querySelector(".ry-results-box").classList.add("visible");
}
Understanding Rental Property Yield
Investing in real estate requires more than just buying a property and finding a tenant. To truly evaluate the profitability of an asset, investors must calculate the rental yield. This calculator helps you determine both the Gross Yield and the Net Yield (often referred to as the Capitalization Rate or Cap Rate), giving you a clear picture of your Return on Investment (ROI).
Gross vs. Net Yield: What's the Difference?
While Gross Yield gives you a quick snapshot, Net Yield is the metric savvy investors rely on.
- Gross Yield: This is calculated by dividing your total annual rent by the property purchase price. It assumes you have zero expenses, which is rarely the case. It is useful for quickly comparing properties in the same neighborhood.
- Net Yield (Cap Rate): This is the most accurate measure of performance. It subtracts all operating costs (HOA fees, taxes, maintenance, and vacancy losses) from your rental income before dividing by the purchase price.
How to Calculate Rental Yield
The formulas used in this calculator are standard real estate investment metrics:
Gross Yield = (Annual Rental Income / Property Value) × 100
Net Yield = [(Annual Rental Income – Annual Expenses) / Property Value] × 100
Real World Example
Imagine you purchase a condo for $350,000. You rent it out for $2,500 per month.
Your Gross Income is $30,000 ($2,500 × 12). Your Gross Yield is 8.57%.
However, you have expenses: $1,200 in HOA fees, $3,000 in taxes, and $1,500 in maintenance. Your total expenses are $5,700. Your Net Operating Income (NOI) drops to $24,300.
Your Net Yield is ($24,300 / $350,000) × 100 = 6.94%. This is the "real" return on your cash investment.
What is a Good Rental Yield?
A "good" yield varies by location and strategy. Generally, a net yield between 5% and 8% is considered solid for residential properties. High-growth areas often offer lower yields (3-4%) because investors bank on appreciation, while lower-cost areas might offer high yields (8-10%) but with slower capital growth.