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Massachusetts Rental Yield Calculator

Calculate rental yield using Massachusetts 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(Massachusetts defaults)

Total Annual Expenses$17,509

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.

Massachusetts Market Context

Avg Cap Rate

4.5%

Median Price

$615K

Property Tax

0.95%

Vacancy Rate

3.2%

Local Factors

  • -Very low vacancy rates driven by Boston's education and biotech employment centers
  • -Strict tenant protection laws and potential rent stabilization efforts
  • -High barrier to entry but strong appreciation potential in eastern MA

Net Rental Yield

2.6%

Low

Gross Rental Yield

5.4%

Annual Gross Income$34,092
Annual Net Income$16,583
Total Investment$633,450
Total Expenses$17,509
Expense Ratio51.4%
Monthly Net Income$1,382
NET YIELD2.6%
Net Income$16,583
Property Tax$5,843
Insurance$1,698
Maintenance$6,150
Management$2,727
Vacancy$1,091
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.