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Florida Rental Yield Calculator

Calculate rental yield using Florida market data. Gross yield uses total rent before expenses; net yield subtracts operating costs — the number that actually matters.

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Property & Income

Operating Expenses(Florida defaults)

Total Annual Expenses$14,682

Gross vs. Net Rental Yield

Gross rental yield is the simplest comparison metric: annual rent divided by total property cost. It's useful for quick screening but doesn't account for the real cost of ownership.

Net rental yield subtracts operating expenses (taxes, insurance, maintenance, management, vacancy) from income before dividing by cost. This tells you what the property actually earns as a percentage of your investment.

The gap between gross and net reveals your expense ratio — how much of your gross income gets consumed by costs. A tight ratio means more money in your pocket; a wide one means the property is expensive to hold.

Florida Market Context

Avg Cap Rate

5.5%

Median Price

$415K

Property Tax

0.8%

Vacancy Rate

6.9%

Local Factors

  • -No state income tax, no capital gains tax, no estate tax — rental income taxed at federal level only
  • -Homestead exemption ~$51K (owner-occupied only, does NOT apply to investment properties)
  • -Investment properties capped at 10% annual assessed value increase (vs 3% for homestead)
  • -Hurricane impact windows/shutters required in High-Velocity Hurricane Zones (Miami-Dade, Broward) — $8K–$25K installed, but can reduce insurance 15–45%
  • -Flood insurance required in FEMA Special Flood Hazard Areas (avg $878/yr, high-risk zones $2,200+)
  • -Landlord/dwelling insurance avg ~$3,815/yr — roughly 2x the national average
  • -Vacancy rates rising statewide (6.9%, up from 5.8%) — supply glut in some metros (Tampa 10.3%)
  • -No rent control statewide — landlords can set market rates

Net Rental Yield

1.9%

Low

Gross Rental Yield

5.3%

Annual Gross Income$22,800
Annual Net Income$8,118
Total Investment$427,450
Total Expenses$14,682
Expense Ratio64.4%
Monthly Net Income$676
NET YIELD1.9%
Net Income$8,118
Property Tax$3,320
Insurance$3,815
Maintenance$4,150
Management$1,824
Vacancy$1,573
Other$0

What does this mean?

A net yield below 3% is typical in high-demand markets where appreciation drives returns more than cash flow. You're betting on the asset growing in value.