Rental Yield Calculator
Understanding rental yield is crucial for property investors. It's a measure of the return on investment (ROI) from a property that you rent out. A higher rental yield generally indicates a more profitable investment.
function calculateRentalYield() {
var purchasePrice = parseFloat(document.getElementById("purchasePrice").value);
var renovationCosts = parseFloat(document.getElementById("renovationCosts").value);
var annualRentIncome = parseFloat(document.getElementById("annualRentIncome").value);
var annualOperatingExpenses = parseFloat(document.getElementById("annualOperatingExpenses").value);
var resultDiv = document.getElementById("result");
resultDiv.innerHTML = ""; // Clear previous results
if (isNaN(purchasePrice) || isNaN(renovationCosts) || isNaN(annualRentIncome) || isNaN(annualOperatingExpenses) ||
purchasePrice <= 0 || renovationCosts < 0 || annualRentIncome <= 0 || annualOperatingExpenses < 0) {
resultDiv.innerHTML = "Please enter valid positive numbers for all fields.";
return;
}
var totalInvestment = purchasePrice + renovationCosts;
var netAnnualIncome = annualRentIncome – annualOperatingExpenses;
if (totalInvestment <= 0) {
resultDiv.innerHTML = "Total Investment must be greater than zero.";
return;
}
var rentalYield = (netAnnualIncome / totalInvestment) * 100;
resultDiv.innerHTML =
"
Rental Yield Results:
" +
"
Total Investment: $" + totalInvestment.toLocaleString() + "" +
"
Net Annual Income: $" + netAnnualIncome.toLocaleString() + "" +
"
Gross Rental Yield: " + rentalYield.toFixed(2) + "%";
}
#rental-yield-calculator {
font-family: sans-serif;
border: 1px solid #ddd;
padding: 20px;
border-radius: 8px;
max-width: 600px;
margin: 20px auto;
background-color: #f9f9f9;
}
#rental-yield-calculator h2 {
text-align: center;
margin-bottom: 20px;
color: #333;
}
.calculator-inputs {
display: grid;
grid-template-columns: 1fr;
gap: 15px;
}
.input-group {
display: flex;
flex-direction: column;
}
.input-group label {
margin-bottom: 5px;
font-weight: bold;
color: #555;
}
.input-group input[type="number"] {
padding: 10px;
border: 1px solid #ccc;
border-radius: 4px;
font-size: 16px;
}
#rental-yield-calculator button {
background-color: #4CAF50;
color: white;
padding: 12px 20px;
border: none;
border-radius: 4px;
cursor: pointer;
font-size: 16px;
margin-top: 15px;
transition: background-color 0.3s ease;
}
#rental-yield-calculator button:hover {
background-color: #45a049;
}
.calculator-result {
margin-top: 25px;
padding: 15px;
border: 1px dashed #ccc;
background-color: #fff;
border-radius: 4px;
}
.calculator-result h3 {
margin-top: 0;
color: #333;
}
.calculator-result p {
margin-bottom: 10px;
color: #555;
}
.calculator-result strong {
color: #333;
}