Old vs New — Building Comparison

Two buildings, same money in. The newer one costs less to keep up; the older one may show a higher headline return. This shows what you actually pocket after maintenance — and how a thin edge on the old building can vanish as upkeep creeps. Change any number and everything updates. Return = gross rental yield on price; maintenance is taken out of the rent.

Building A — NEW

The newer, lower-upkeep hold

Price ($) Gross return (%) Maintenance (% of rent) Age (yrs)

Building B — OLD

The older, higher-upkeep hold

Price ($) Gross return (%) Maintenance (% of rent) Age (yrs)

Building A — NEW

Under 20 years old

Return (gross yield)—
Maintenance—
Net income / yr—
Net yield—

Building B — OLD

About 60 years old

Return (gross yield)—
Maintenance—
Net income / yr—
Net yield—

Where each rent dollar goes

Building A (new) — — rent—

Keep

Maint

Building B (old) — — rent—

Keep

Maint

—

Cash you have pocketed, year by year (net of maintenance)

Building A — new

Building B — old

The numbers behind the lines

End of year	Building A (new)	Building B (old)	Lead

—

Verdict

—

Here return = gross rental yield on price, and maintenance is subtracted from it (so the maintenance % actually bites). If your figures are already net of maintenance, set maintenance to 0.