Rental Income

Depending on the property and the rent you can attract, rental income may equal or even exceed your mortgage repayments.

When planning your investment strategy, you need to consider the rental yield of your property, not just the rental income. In simplest terms, yield is the percentage of the annual rent a property generates, calculated against its market value.
 

Your net yield also needs to include other property expenses, i.e. loan costs, property management fees, council rates or strata fees. It's a good idea to do your sums to ensure your investment won't place you under financial strain.