Real Estate Investment Analysis - Rental Yield Estimator

 

Notes:

• What problem does it solve?
  This code calculates the rental yield (gross rental income divided by property price) for a given property.

• How can businesses or users benefit from customizing the code?
  Users can use it to assess the rental income potential of properties and compare different investment options.

• How can businesses or users adopt the solution further, if needed?
  This can be expanded to factor in local market conditions, multiple properties, or different rental income assumptions.

Actual Python Code:

class RentalYield:

    def __init__(self, annual_rent_income, property_value):

        self.annual_rent_income = annual_rent_income

        self.property_value = property_value

    

    def yield_percentage(self):

        return (self.annual_rent_income / self.property_value) * 100

# Example usage

yield_estimator = RentalYield(annual_rent_income=24000, property_value=300000)

print(f"Rental Yield: {yield_estimator.yield_percentage():.2f}%")