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Long-term rentals

Rental Coverage Calculator

One question, answered plainly: does the rent cover the bond and the running costs, or do you top it up every month?

Inputs

Results

Monthly shortfall

R 7 923

You would fund this difference each month.

Bond repayment

R 15 328

Running costs

R 5 095

Coverage ratio

61.2%

Rent as a percentage of bond plus running costs. Above 100% means the property funds itself.

Annual position

-R 95 076

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Estimates only, based on the figures you enter. Rent achievable, vacancy and running costs vary by suburb, property and tenant.