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Oklahoma Rental Yield Calculator

Calculate rental yield using Oklahoma 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(Oklahoma defaults)

Total Annual Expenses$10,987

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.

Oklahoma Market Context

Avg Cap Rate

7%

Median Price

$244K

Property Tax

0.78%

Vacancy Rate

7.9%

Local Factors

  • -Very high insurance costs due to tornado alley location
  • -Oklahoma City and Tulsa offer affordable entry with decent cash flow
  • -Energy sector employment creates cyclical rental demand

Net Rental Yield

0.7%

Low

Gross Rental Yield

5.1%

Annual Gross Income$12,708
Annual Net Income$1,721
Total Investment$251,320
Total Expenses$10,987
Expense Ratio86.5%
Monthly Net Income$143
NET YIELD0.7%
Net Income$1,721
Property Tax$1,903
Insurance$4,623
Maintenance$2,440
Management$1,017
Vacancy$1,004
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.