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Yield

Gross rental yield

Gross yield is the simplest measure of return — annual rental income as a percentage of the purchase price, before any costs.

Gross yield = (Weekly rent × 52) ÷ Purchase price × 100

For example, a property purchased for $700,000 renting at $600/week has a gross yield of 4.46%.

Yield

Net rental yield

Net yield deducts annual ownership costs from rental income before calculating the return. It gives a more accurate picture of actual investment performance.

Net yield = ((Annual rent − Annual expenses) ÷ Purchase price) × 100

Expenses include rates, insurance, property management fees, maintenance and a vacancy allowance. Our calculator allows full customisation of each expense.

Cash flow

Weekly cash flow

Cash flow is the net weekly surplus or deficit after rental income, mortgage repayments and all operating expenses are accounted for.

Weekly cash flow = Weekly rent − Weekly mortgage − Weekly expenses

A positive figure means the property is self-funding. A negative figure means the investor is topping up from their own income.

Lending

Loan-to-Value Ratio (LVR)

LVR measures your mortgage as a percentage of the property value. The RBNZ sets LVR restrictions for NZ banks.

LVR = (Loan amount ÷ Property value) × 100

Owner-occupiers are generally limited to 80% LVR (20% deposit). Investors require a 35% deposit (65% LVR max).

Full methodology documentation coming soon

We're expanding this page to cover market rent estimates, seismic scoring, walkability calculations and demographic indexing. Questions in the meantime? Contact us.