Portfolio

Portfolio Yield

Calculate blended portfolio yield, gearing and net cash flow across holdings.

Intermediate

Introduction

Who this is for: Investors with several properties assessing overall performance.

Why it matters: Portfolio yield must be value-weighted, not a simple average. A large low-yielding asset can drag the blend far below what an unweighted average suggests, and gearing changes the return on equity entirely.

Typical scenario: An investor with three properties wants a single blended figure and their true return on equity.

Common mistakes:
  • Averaging individual yields without weighting by value.
  • Reporting yield on value while ignoring the debt against it.
  • Confusing yield on cost with yield on current value — they diverge as values move.

Inputs

Property 1

£
£
£

Property 2

£
£
£

Property 3

£
£
£

Debt Cost

%

Analysis

Across £965,000 of assets producing £64,000, the portfolio yields 6.63%. After debt costs, net cash flow is £40,240 against £525,000 of equity — a return on equity of 7.66%. Gearing at 45.6% LTV is amplifying that return, and would amplify losses equally.

This analysis provides context, not financial advice. Consult a qualified adviser before making investment decisions.

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Sensitivity Analysis

Sensitivity

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Live Results

Portfolio Yield

6.63%

Return on Equity

7.66%

Total Value

£965,000

Net Cash Flow

£40,240

Total Net Income£64,000
Total Debt£440,000
Total Equity£525,000
Portfolio LTV45.60%
Unweighted Average Yield6.83%