Investment

Rental yield calculator

Estimate how much a rental property earns in Paraguay, after vacancy, maintenance, management, insurance, and property tax.

Estimated yield

$66,667
PYG 100,000,000PYG 3,000,000,000
$467
PYG 500,000PYG 20,000,000
0%30%

Months per year unrented — 8% ≈ about one month.

0%5%

Annual repairs and improvements as % of price.

0%15%

If managed by an agency; 0% if you self-manage.

Net yield 5.51% — average for the Paraguay market.

Reference: Gs fixed deposit ~7%, USD savings ~5%, local treasury bills ~7%.

Gross yield
8.40%

Annual rent ÷ price.

Net yield (cap rate)
5.51%

NOI ÷ price (after all expenses).

Payback period
18 years

Years to recoup the price from NOI alone.

Gross annual rentPYG 42,000,000
Vacancy lossPYG 3,360,000
ManagementPYG 3,091,200
MaintenancePYG 5,000,000
InsurancePYG 1,500,000
Property taxPYG 1,500,000
Net operating income (NOI)PYG 27,548,800

Assumptions: insurance 0.3%/yr, effective property tax 0.3%/yr (1% on estimated fiscal value).

Estimate only. Real vacancy, maintenance, and management fees vary by zone and property type.

How rental yield is measured

There are two standard ways to measure how a rental property performs:

  • Gross yield = (annual rent ÷ property price). Quick to compute, ignores expenses.
  • Net yield (cap rate) = (NOI ÷ property price), where NOI is net operating income — rent minus vacancy, maintenance, management, insurance, and property tax.

In Paraguay healthy net yields typically run 5%–8%. Below 4%, the investment underperforms a guaraní fixed deposit. Above 8% usually comes with more risk (less consolidated zone, unfinished property, short-term-rental).

Frequently asked questions

What's a good cap rate in Paraguay?

Reference: under 4% is weak (less than a guaraní fixed deposit); 4-6% is average; 6-8% is solid; over 8% usually comes with higher risk or is short-term-rental.

Why does the calculator subtract vacancy and management?

Because you almost never have the property rented 100% of the time, and you rarely manage it for free (your time, or a fee). An honest cap rate includes both.

What if I'll rent it on Airbnb?

Short-term rentals tend to gross more but carry much higher vacancy, management, cleaning, and wear. This calculator targets traditional long-term rentals.

Does this account for property appreciation?

No. It's just annual cash flow. Pure cap rate ignores appreciation because you want to know if the rent alone justifies the investment.

More tools in Paraguay

Sources and references

Rates and ranges used as reference.

Last updated: May 5, 2026