See Your After-Tax Rental Yield in 30 Seconds
Most yield calculators stop at pre-tax income. PIE's rental property tax calculator shows what you actually keep after IRS Schedule E deductions and depreciation.
Know your after-tax return. Enter a property address and see pre-tax vs after-tax yield side by side.
Calculate your after-tax yield Free preview • No credit card requiredWhy Pre-Tax Yield Misleads Investors
A 6% net yield looks very different after taxes. The IRS taxes rental income as ordinary income, but allows significant deductions that most yield calculations ignore:
- Depreciation: The building value (excluding land) depreciated over 27.5 years — often a $5,000-7,000/year deduction
- Mortgage interest: Fully deductible on Schedule E
- Operating expenses: Property tax, insurance, management, maintenance, and travel
According to the IRS, the average rental property owner reports $12,000-18,000 in annual deductions per property. Without factoring these in, you overestimate your tax burden and underestimate your actual return.
How PIE's Rental Property Tax Calculator Works
Sample output: $200,000 property in Ohio, $1,500/month rent:
- Pre-tax net yield: 5.4%
- Depreciation deduction: $5,800/year
- Taxable rental income: $2,360 (after deductions)
- After-tax yield: 6.1% (depreciation shield more than covers the tax)
Learn more in our guide on tax strategies for rental property owners. For pre-tax yield, use our free rental yield calculator.
"I thought my rental property was yielding 4.2% after tax. PIE's rental property tax calculator showed me it was actually 5.1% once depreciation was factored in."