Rent minus the mortgage isn't your real return. Free rental yield calculator for New Zealand: gross and net yield and cash return on a buy-to-let, after buying costs, letting fees, upkeep and mortgage interest.
Costs on top of the price
NZ$3,250
Home to live in ·
What do you want to work out?
What a home could earn if you let it out, after running costs and the mortgage.
Monthly cash flow after costs and mortgage
Gross yield
4.0%Net yield
3.2%Yearly return on your cash
-6.9%Rent a year
NZ$33,960Running costs a year
NZ$6,792Cash you put in
NZ$215,750Cash you put in is the deposit plus buying costs (NZ$3,250). Before income tax. We start with a rough rent, based on a typical 4.0% gross yield. Change it to the real rent for the area.
An illustration, not investment advice. Rents, costs, rates and tax vary; check with a letting agent and a tax adviser.
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Questions
Home to live in: buying costs come to about NZ$2,200. All buying costs together come to about NZ$3,250, or 0.4% of the price. Change the price or buyer type above to see your own figure.
There's no extra tax, because New Zealand has no stamp duty. But most overseas buyers aren't allowed to buy existing homes.
You can buy: New Zealand citizens and residents, and Australian and Singaporean citizens, are allowed. If you sell within 2 years, the 'bright-line' rule can tax the gain on a home you didn't live in.
A New Zealand lawyer or licensed conveyancer. An IRD number (NZ tax number) for the land transfer tax statement.
We last updated the figures on 16 Oct 2026 and checked them against official sources on 16 Oct 2026. We check every country every week, and show a warning if a check is overdue.
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