What's a good rental yield?

There's no official figure. Yield after costs (rent after costs, divided by value) shows what the property earns before the mortgage and tax. Compare it with your mortgage rate and other uses of the money.

What is interest cover?

Rent after costs, divided by mortgage interest. Below 1×, the rent doesn't cover the interest. Lenders often look for 1.25× or more on loans for homes to let.

Landlords

Rental portfolio health check

Check each rental's yield, interest cover and cash flow, and what a rate rise or empty months would do.

Self-assessment tool. The figures come from your own answers. It isn't advice, and you're responsible for what you file or claim. heypenny.ie is a trading name of Kinch Press. Read the disclaimer.

Common questions

What's a good rental yield?: There's no official figure. Yield after costs (rent after costs, divided by value) shows what the property earns before the mortgage and tax. Compare it with your mortgage rate and other uses of the money.
What is interest cover?: Rent after costs, divided by mortgage interest. Below 1×, the rent doesn't cover the interest. Lenders often look for 1.25× or more on loans for homes to let.

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