HMO Calculator UK 2026
Calculate room-by-room rental income, yields, and cash flow for houses in multiple occupation. See why HMOs deliver 2x higher yields than standard BTL.
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Example HMO Analysis
See how our calculator analyses a real HMO opportunity
6-Bed HMO, Birmingham B29
Purchase Price: £320,000
HMO Details
Calculated Results
HMO vs Standard BTL
See why investors are choosing HMOs for higher returns
HMO Calculator FAQs
What is a good yield for an HMO?
A good HMO gross yield is typically 10-15%, significantly higher than standard BTL (5-8%). Net yields of 7-10% are achievable after accounting for higher management costs, utilities, and licensing fees.
How do I calculate HMO rental income?
Add up the rent for each room. For a 6-bed HMO with rooms at 500-600/month, total income would be 3,000-3,600/month. Our calculator lets you input different rents per room for accurate analysis.
What extra costs do HMOs have vs BTL?
HMOs have additional costs: utilities (often included in rent), council tax (potentially higher band), HMO license fees (500-1,000+ every 5 years), fire safety equipment, and higher management fees (12-18% vs 8-12% for BTL).
Do I need an HMO license?
Mandatory licensing applies to HMOs with 5+ tenants from 2+ households. Many councils also have additional licensing schemes. Check with your local authority. Our calculator factors in licensing costs.
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