The Costs Landlords Consistently Underestimate
CIWA Advisory Desk · 11 June 2026
Gross yield is easy to quote. Net yield is what you actually receive — and the gap is usually wider than expected.
Vacancy, service charges, management fees, maintenance reserves and tenant turnover costs all sit between gross and net.
A unit quoted at a strong gross yield can deliver a materially lower net figure once these are applied honestly.
Budget a vacancy allowance even in strong locations, and treat maintenance as an annual provision rather than an occasional surprise.
Use the CIWA calculator to model your own assumptions before purchase.
