Jumbo Realty — Chennai's Trusted Property Partner

Purchase details

Purchase price ₹60 L

Stamp duty, registration & other costs 11%

~11% is typical in Tamil Nadu — see our stamp duty calculator.

Rental income

Expected monthly rent ₹18,000

Leave at 0 for land/plots with no rental income.

Vacancy & maintenance allowance 10%

Deducted from gross rent for upkeep, property tax, and vacant months.

Annual rent increase 5%

Holding period

Expected annual appreciation 7%

Holding period 10 yr

Annualized return

8.4%

over 10 years, combining rent + appreciation

Total cost (incl. charges)₹66,60,000

Gross rental yield3.24%

Net rental yield2.92%

Cumulative rent (10 yrs)₹24,45,142

Property value after 10 yrs₹1,18,02,908

Total gain (rent + appreciation)₹82,48,050

Pre-tax estimate. Rental income is taxable, and actual appreciation varies by location, project, and market conditions — treat this as a planning tool, not a guarantee.

How to evaluate a property investment

A property investment returns money two ways: rental income while you hold it, and appreciation in the property's own value. Rental yield — annual rent as a percentage of what you paid — measures the income side. It's typically modest for Chennai residential property (2-4% gross), which is why most investors weigh appreciation potential just as heavily, especially for plots and farmland that generate no rental income at all.

This calculator combines both into a single annualized return over your chosen holding period, after netting out an allowance for vacancy, maintenance, and property tax from your rental income.

Frequently asked questions

What's a good rental yield in Chennai?

Residential rental yields in Chennai typically range 2-4% gross. Plots and land don't generate rental income directly, so their return comes mainly from appreciation rather than yield.

Does this include income tax on rental income?

No — rental income is taxable under "Income from House Property" after standard deductions. This calculator shows pre-tax returns; consult a tax advisor for your net, after-tax position.

How is appreciation different from rental yield?

Rental yield is the income you earn while holding the property, as a percentage of what you paid. Appreciation is the change in the property's own value over time. Total return combines both.