Bruttoavkastningstakt

Bruttoavkastningstakt is a financial term that denotes the gross rate of return on an investment over a specified period. It measures how much an investor earns in income and capital gains before deducting costs such as management fees, financing, taxes, and transaction charges. The rate is typically expressed as a percentage of the initial investment and can be given for a set period, commonly annually, or for the total holding period.

Calculation usually starts from the initial investment (I0), the ending value (I1) and any distributions or income received during the period (D). The gross return over the period equals (I1 + D − I0), and the bruttoavkastningstakt is ((I1 + D − I0) / I0) × 100%. When the period is one year, this figure is often referred to as an annual gross rate of return. In real estate, a common proxy is the gross yield: annual gross rent divided by property value, excluding operating expenses.

Bruttoavkastningstakt is distinct from nettoavkastningstakt, which deducts costs such as property management, maintenance, financing, taxes, and vacancies. The gross rate provides a broad measure of profitability but can overstate economic performance if costs are significant or leverage is used. It does not adjust for inflation unless explicitly stated, and it may require annualization or period alignment to enable fair comparisons across investments with different cash-flow timings or risks.

In practice, bruttoavkastningstakt is used for quick comparisons and initial screening, while more detailed analyses typically rely on net rates of return and risk-adjusted measures to inform investment decisions.