Country-aware · Mortgage · Taxes · Cashflow · Appreciation
Underwrite the deal on
Underwrite the deal on
Boutique office space, Pâquis · Ref 3539
Tweak any input — down payment, mortgage rate, hold horizon — and the projection refreshes instantly. Country-specific tax and fee schedules are baked in; the formula is documented on the methodology page.
Cap rate
2.4%
Cashflow / mo
-3640
10-yr return
52%
Net cashflow / mo
-3640
CHF · after debt service & taxes
Cap rate
2.4%
NOI ÷ asking price
Cash-on-cash
-5.5%
Year-1 cashflow ÷ cash-in
10-yr total return
52%
4.3% annualised
💼 Acquisition
Asking price
2333900 CHF
Down payment (30%)
700170 CHF
Acquisition fees (4.0%)
93356 CHF
Mortgage principal
1633730 CHF
Total cash-in at close
793526 CHF
🏦 Financing
Loan amount
1633730 CHF
Mortgage rate
2.40%
Term
25 years
Monthly payment
7247 CHF
Annual debt service
86966 CHF
📊 Year-1 operating P&L
Gross rent
+67683
Operating costs (18%)
−12183
Net operating income (NOI)
55500
− Debt service
−86966
− Income tax (22%)
−12210
Net cashflow
-43676 CHF
📈 10-year projection
1.5% capital appreciation /yr| Year | Gross rent | Opex | Net cashflow | Property value | Equity |
|---|---|---|---|---|---|
| Y1 | 67683 | 12183 | -43676 | 2368909 | 783464 |
| Y2 | 68698 | 12366 | -43027 | 2404442 | 868455 |
| Y3 | 69729 | 12551 | -42368 | 2440509 | 955179 |
| Y4 | 70775 | 12739 | -41699 | 2477116 | 1043673 |
| Y5 | 71836 | 12931 | -41020 | 2514273 | 1133975 |
| Y6 | 72914 | 13125 | -40330 | 2551987 | 1226125 |
| Y7 | 74008 | 13321 | -39631 | 2590267 | 1320161 |
| Y8 | 75118 | 13521 | -38921 | 2629121 | 1416124 |
| Y9 | 76245 | 13724 | -38200 | 2668558 | 1514055 |
| Y10 | 77388 | 13930 | -37469 | 2708586 | 1613998 |
| Σ 10y | Cumulative net cashflow | -406340 | Equity at exit | 1613998 | |
Modelling assumptions
- Country baseline: CH — operating costs 18% of gross rent, income tax 22%, capital appreciation 1.5%/yr.
- Projections assume rent grows at the country appreciation rate. Real-world rent growth will diverge.
- Mortgage figures use a constant interest rate for the full term. Re-mortgage events are not modelled.
- Excludes capital-gains tax on exit, currency hedging costs and any local property tax over and above the operating buffer.