All Topics / The Treasure Chest / YIELD PLEASE EXPLAIN??/
could somebody explain “YIELD” for me and how it is calculated. what is considreded a good yield for investment property.[?]
thanksalso what is the best way to sourse information to find out recent sales in a particular area.i know there is a web site but it cost an arm and a leg to get one street. thanks alot.[]
Just so there is no confusion I think Michael may have made a math error – [?][]
quote:
So, a property advertised as $130,000 returing $170pw, would have a yield of 150*52/130,000=0.068 (6.8%).At a rental of $170pw the calcualtion would be
170*52/130,000
The yield works out right, so just a typo…Pete.
p.s. didnt mean to correct you Michael, but thought I would correct the typo in case some newbies got confused []
…Beware of the dreamtakers…
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