Gross yield flatters every property. This works out the net figure after the costs people leave out, and shows the monthly cash position that decides whether it works.
What's Included
- Gross and net yield with the gap explained by real costs.
- Voids, management, and maintenance included rather than wished away.
- Monthly cash position after any finance costs.
- An assistant that stress tests it against a void or a rate rise.
How To Use
- Always include a void allowance. Full occupancy is not an assumption.
- Budget maintenance as a percentage of rent, not as an optimistic figure.
- Look at monthly cash as well as yield. Yield does not pay a bill.
- Stress test against a rate rise before you buy, not after.
Compare several properties with the ROI calculator, and run the portfolio with real estate prompts.