Free Rental Yield Calculator for Irish Property Investors

Calculate your rental yield, cash flow, and return on investment (ROI) for Irish property investments. Our free calculator is specifically designed for the Irish market, including stamp duty calculations, Local Property Tax (LPT), and compliance with RTB regulations.

How to Calculate Rental Yield in Ireland

Understanding your rental yield is crucial for property investment success in Ireland. Our calculator provides three key metrics:

• Gross Yield: Annual rent divided by purchase price (×100 for percentage)
• Net Yield: Accounts for all expenses including LPT, insurance, and maintenance
• Cash-on-Cash ROI: For mortgaged properties, shows return on your actual cash invested

What's Included in This Irish Property Calculator?

Purchase Costs

• Property purchase price
• Stamp duty (auto-calculated at 1% for first-time buyers, customizable for 2% rate)
• Legal and professional fees
• Renovation and refurbishment costs

Annual Operating Expenses

• Local Property Tax (LPT) - typically €90-€1,500 per year
• Landlord insurance premiums
• Maintenance and repairs (budget 1-2% of property value)
• Property management fees (typically 10-12% of rent)
• RTB registration and compliance costs

Flexible Mortgage Options

• Interest-only mortgages
• Capital and interest repayment mortgages
• Flexible input: Enter mortgage amount + interest rate OR monthly payment
• Automatic calculation of mortgage costs and cash-on-cash returns

Average Rental Yields in Ireland (2024-2025)

Based on current Irish property market data:

• Dublin: 3-5% average gross yield
• Cork: 4-6% average gross yield
• Galway: 4.5-6.5% average gross yield
• Limerick: 5-7% average gross yield
• Regional cities & towns: 5-7% average gross yield

Irish Property Investment Considerations

When investing in Irish rental property, it's essential to consider:

• Rent Pressure Zones (RPZ): Rent increases limited to 2% annually in designated areas including most of Dublin, Cork, Galway, and other urban centers
• RTB Registration: All tenancies must be registered with the Residential Tenancies Board within one month
• Tax Implications: Rental income is taxable at your marginal rate; mortgage interest is 100% deductible
• BER Requirements: Minimum BER rating of B3 required for rental properties from 2025, moving to A-rating by 2028
• Vacancy Rates: Budget for 2-5% vacancy in your calculations to account for turnover periods
• Stamp Duty: 1% for first-time buyers, 2% for non-first-time buyers on residential properties

Why Use Our Rental Yield Calculator?

• ✓ 100% Free - Unlimited calculations with no registration required
• ✓ Irish Market-Specific - Includes all Irish property costs and regulations
• ✓ Comprehensive - Calculates gross yield, net yield, and cash-on-cash ROI
• ✓ Instant Results - Get detailed breakdown in seconds
• ✓ Email Results - Send calculations to yourself for future reference
• ✓ Mortgage Broker Connection - Connect with trusted brokers for financing
• ✓ Mobile-Friendly - Works perfectly on all devices
• ✓ Expert Insights - Receive personalized recommendations based on your results

Frequently Asked Questions

What is a good rental yield in Ireland?

A rental yield of 5-6% is considered good in Ireland. Yields above 6% are excellent, while yields below 4% may only be worthwhile if you expect significant capital appreciation. Dublin typically has lower yields (3-5%) due to higher property prices, while regional cities often achieve higher yields (5-7%). Remember that net yield (after all expenses) is more important than gross yield for determining true investment returns.

How much stamp duty do I pay on investment property in Ireland?

First-time buyers pay 1% stamp duty on residential properties up to €1 million. Non-first-time buyers pay 2% on residential properties up to €1 million. For properties over €1 million, the rate is 10% on the excess amount. Our calculator auto-calculates this at 1% but includes a checkbox allowing you to customize the rate based on your circumstances.

Can I deduct mortgage interest on rental property in Ireland?

Yes, Irish landlords can deduct 100% of mortgage interest as an expense against rental income for tax purposes. This significantly impacts your net yield and after-tax returns. However, you cannot deduct the principal repayment portion of your mortgage payment. Our calculator factors in the full mortgage payment when calculating cash flow, but for tax purposes, only the interest portion is deductible.

What's the minimum deposit for buy-to-let mortgages in Ireland?

Most Irish banks require a minimum 30% deposit for buy-to-let mortgages. Some lenders may require up to 40% for investment properties, especially for first-time landlords. The larger deposit requirement compared to owner-occupier mortgages (typically 10-20%) means you need more upfront capital, but it also improves your loan-to-value ratio and may secure better interest rates. Use our calculator's mortgage section to see how different deposit amounts affect your cash-on-cash return.

Should I use interest-only or capital repayment for my rental property mortgage?

Interest-only mortgages have lower monthly payments, improving short-term cash flow and making more properties positively geared. However, you're not building equity through mortgage paydown. Capital and interest mortgages build equity automatically but have higher monthly payments that may result in negative cash flow. Many investors choose interest-only for better cash flow, planning to profit from capital appreciation or refinance later. Our calculator lets you compare both scenarios to see which works better for your investment strategy.