Rental yield calculator for New Zealand
Work out a rental property's gross and net yield in New Zealand, the monthly cash flow after the loan and running costs, and the rent you need to break even.
Example numbers for an Auckland or Wellington townhouse, in New Zealand dollars. Buying costs are legal fees (there is no stamp duty); running costs include council rates, insurance, property management and maintenance.
Example inputs (NZD)
- Purchase price: 750,000
- Buying costs: 4,000
- Down payment: 225,000
- Monthly rent: 2,600
- Time empty: 4% of the year
- Monthly running costs: 650
- Loan interest rate: 5.5% a year over 30 years
Landlord guide for New Zealand: buying costs, rental income tax and tenancy rules