EP: 2477•23 Jun 2026

The Property Looked Cashflow Positive … Until We Ran The Numbers⎟Ep. 2477

About this episode

A property with a 7.7% gross yield sounds cashflow positive… right? Not necessarily.

In this episode, Ed and Andrew run a real Trade Me listing through their full property analysis process.

You’ll learn:

The 6-step process to analyse almost any investment property in New Zealand
Why gross yield can be misleading when assessing cashflow
The hidden costs that catch rookie investors out

Main lesson? A high yield doesn’t automatically mean a good investment. The investors who avoid expensive mistakes are usually the ones willing to go beyond the headline numbers and properly test the cashflow.

Want to quickly calculate your investment property's cashflow? Use our cashflow calculator to find out.

Ok, now for the legal bit:

The Property Academy Podcast is for your general information. It’s not financial advice.

So the hosts aren’t telling you what to do with your own money. We’ve made every effort to make sure the information is accurate. But we occasionally get the odd fact wrong.

Make sure you do your own research or talk to a financial adviser before making any investment decisions.

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The Couple Who Could Retire Tomorrow⎟Ep. 2473

The Property Looked Cashflow Positive … Until We Ran The Numbers⎟Ep. 2477

About this episode

The Renovation That Adds The Most Rent⎟Ep. 2476

Top 5 Most OVERPRICED Areas in NZ (2026)⎟Ep. 2475

He Started in Construction at 16, and Bought His First Property at 22⎟Ep. 2474

The Couple Who Could Retire Tomorrow⎟Ep. 2473