Rental yield calculator for South Africa
Work out a rental property's gross and net yield in South Africa, the monthly cash flow after the loan and running costs, and the rent you need to break even.
Example numbers for a Cape Town or Johannesburg apartment, in rand. Buying costs include transfer duty and conveyancing fees; running costs include municipal rates, the levy and insurance.
Example inputs (ZAR)
- Purchase price: 2,000,000
- Buying costs: 70,000
- Down payment: 400,000
- Monthly rent: 17,000
- Time empty: 6% of the year
- Monthly running costs: 3,000
- Loan interest rate: 10.5% a year over 20 years
Landlord guide for South Africa: buying costs, rental income tax and tenancy rules