Annual rental income as a percentage of the property's purchase price, before deducting expenses. Calculated as: (weekly rent × 52 ÷ property price) × 100. For example, a $600,000 property renting at $500/week has a gross yield of 4.3%. Compare with net rental yield (after expenses).
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Renter's rights guide (by state)Bond, rent increases, repairs, entry, and ending a tenancy.