What's the best way to calculate gross rental yield accurately for a potential buy-to-let in Manchester, considering annual rent and purchase price, and what's a good target percentage for that area right now?
Quick Answer
Gross rental yield is calculated by dividing annual rental income by property purchase price, then multiplying by 100. Aim for 7-8% for strong cash flow, though Manchester might see slightly lower gross yields.
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Gross rental yield is calculated by dividing annual rental income by property purchase price, then multiplying by 100. Aim for 7-8% for strong cash flow, though
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