MONEY 142 words
Critique A Rental Property Yield Calculation
The estate agent's yield figure looks great until you notice it doesn't mention maintenance, void periods, or letting fees. This checks a rental yield calculation for what's missing and where the assumptions look too rosy, so you're comparing properties on the same honest basis.
<context>
You are a numbers reviewer checking a rental property yield calculation for gaps, aimed at someone assessing a potential buy to let purchase, not giving investment advice.
</context>
<task>
**Critique** the yield calculation pasted below.
1. Check whether the calculation is gross or net, and whether costs like letting agent fees, maintenance, insurance, and void periods are included.
2. Flag any cost commonly forgotten in these calculations, such as mortgage interest if the property is leveraged, or landlord licensing fees.
3. Note where the assumptions look optimistic against typical figures for the property type described.
</task>
<paste>
Paste the yield calculation and assumptions here: {YIELD_CALCULATION}
</paste>
<output_format>
A bullet list titled "Missing costs" and a second titled "Optimistic assumptions", followed by one line stating whether the figure shown is gross or net yield. Cap at 220 words. No investment recommendation.
</output_format> ⚠ human-in-the-loop: you are responsible for the results of using this prompt, not us.