Annual + weekly cashflow for any rental property.

Get a straight answer on whether the property pays for itself. Weekly rent in, every cash outgoing out, gross + net yield in one panel. No tax modelling — just operating cashflow.

Frequently asked questions

Is "cashflow positive" the same as "profitable"?

Not quite. Cashflow positive means rent covers all your cash outgoings — interest, rates, PM fees, maintenance, insurance, strata. It ignores depreciation (paper-only) and capital growth (unrealised). A property can be cashflow-negative but very profitable on total return after capital growth + tax savings; conversely, cashflow-positive properties in stagnant areas can underperform a cashflow-negative property in a growth corridor on the 10-year view.

What rental yield should I aim for?

Gross yield (rent ÷ purchase price × 100) is a starting filter, not a goal. Sydney + Melbourne metro typically run 2.5-4% gross; regional Queensland + WA can hit 5-7%. The right number depends on your strategy — capital-growth-led investors accept lower yields in growth suburbs; cashflow-led investors target 5%+ gross to neutral-or-positive their cashflow from day one.

How much should I budget for maintenance?

Rule of thumb is 1% of property value annually for an established home, dropping to 0.5% for a new build (still under builder's warranty), rising to 1.5%+ for a 30+ year-old property with original kitchens / bathrooms. Strata properties shift more of this into the body corp fee. The calculator's repairs field should reflect YOUR property's age + condition, not a market average.

What's typical for property management fees?

PM commission in Australia is usually 5.5-8.8% of rent collected (incl. GST), plus a re-letting fee (1-2 weeks rent when a tenant moves out), plus a quarterly inspection fee in some states. Self-managed landlords save the commission but absorb the time + risk. The calculator's PM-fee field should reflect ALL annual fees from the agreement, not just the headline %.

Should I include the principal portion of my mortgage repayment?

It depends on what question you're answering. For pure operating cashflow: include only INTEREST (the deductible side; principal is asset-building, not an expense). For the actual cash hitting your account: include the full repayment. This calculator uses the operating-cashflow lens — interest only — which matches how the ATO + your accountant frame the property's tax position.