Property Tools

Rental Yield Calculator

Work out the gross and net rental yield on a property in a few seconds. Enter the purchase price, expected monthly rent, and your running costs — the numbers update as you type.

Enter Your Numbers

Fill in the fields below with your own property's numbers. Rental yield is normally quoted as an annual percentage of the purchase price, so all inputs are converted to an annual basis automatically.

Property & Rental Income

Purchase & Income
S$
S$
Annual Operating Expenses
S$
S$
S$
S$

Your Results

Gross Rental Yield
0.00%
Net Rental Yield
0.00%
Annual rental incomeS$0
Annual operating expensesS$0
Net annual incomeS$0
The Formulas

Gross Yield vs. Net Yield

Both figures are useful, but they answer different questions. Gross yield gives you a quick, rough-and-ready comparison across properties; net yield tells you what the property actually earns once running costs are accounted for.

The Quick Comparison

Gross Rental Yield

Gross Yield = (Annual Rent ÷ Purchase Price) × 100
Uses annual rental income only — no expenses are deducted. It's a fast way to screen and compare listings, but it overstates what you'll actually pocket, since it ignores property tax, maintenance, insurance, and other running costs.
The Realistic Picture

Net Rental Yield

Net Yield = ((Annual Rent − Annual Expenses) ÷ Purchase Price) × 100
Deducts property tax, maintenance/conservancy fees, insurance, and other holding costs before dividing by the purchase price. This is a closer approximation of your actual return, though it still excludes financing costs like mortgage interest.
Things To Keep In Mind

Reading Your Yield Correctly

01

Financing Costs Aren't Included

Net yield here covers operating expenses, not mortgage interest. If you're financing the purchase, your actual cash-on-cash return will be lower than the net yield shown.

02

Vacancy Periods Reduce Real Returns

Both formulas assume the unit is rented out year-round. Factor in a realistic vacancy period between tenancies when comparing properties.

03

Owner-Occupier vs. Investment Property Tax

Rented-out units are taxed at the non-owner-occupier property tax rate, which is materially higher — use that rate, not the owner-occupier rate, when estimating expenses.

04

Yield Isn't the Only Metric

A high-yield property in a weaker location may underperform a lower-yield property with stronger capital appreciation. Weigh yield alongside capital growth potential.

This calculator is provided for general illustration only and does not constitute financial or investment advice. Actual rental income, expenses, and applicable tax rates vary by property and should be verified against your own figures and the latest rates from IRAS. For a step-by-step walkthrough of net rental yield, see How to Compute Net Rental Yield.