Rental Yield Calculator
Gross, net and cash-on-cash returns.
Annual rent = monthly × 12 = $42,000. Cash-on-cash ignores mortgage interest; for full cash-flow analysis include monthly instalment in expenses or use NPV.
Frequently asked questions
What is a good rental yield in Singapore?▾
Gross rental yields for private residential property in Singapore have ranged roughly 2.5%–4.5% in recent years, depending on location, property type and market conditions. Net yields are typically 0.5%–1.5% lower after maintenance fees, property tax and other expenses. HDB resale and commercial often yield higher gross but with different risk and regulatory profiles.
How is gross rental yield calculated?▾
Gross yield = (monthly rent × 12) ÷ property price × 100. It does not deduct expenses.
What's the difference between net yield and cash-on-cash?▾
Net yield is (annual rent − annual expenses) ÷ property price — measured against the total property value. Cash-on-cash is (annual rent − annual expenses) ÷ downpayment — measured against the cash you actually invested. Cash-on-cash is typically higher because most of the property price is borrowed.
What expenses should I include?▾
Maintenance / management fees (private), property tax, insurance, agent commission (typically half a month's rent per year of lease), expected vacancy (often modelled at one month per year), and minor repairs. For a more complete view, also subtract mortgage interest.
Does this calculator account for tax?▾
No. Rental income in Singapore is subject to Singapore income tax (you can deduct allowable expenses including mortgage interest, property tax, repairs, and a 15% deemed expense as alternative to actual expenses). Use the IRAS rental income tax calculator for after-tax yield.