Country-aware · Mortgage · Taxes · Cashflow · Appreciation
Underwrite the deal on
Underwrite the deal on
Boutique office space, Wiedikon
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
2.3%
Cashflow / mo
-9195
10-yr return
50%
Net cashflow / mo
-9195
CHF · after debt service & taxes
Cap rate
2.3%
NOI ÷ asking price
Cash-on-cash
-5.7%
Year-1 cashflow ÷ cash-in
10-yr total return
50%
4.2% annualised
💼 Acquisition
Asking price
5701100 CHF
Down payment (30%)
1710330 CHF
Acquisition fees (4.0%)
228044 CHF
Mortgage principal
3990770 CHF
Total cash-in at close
1938374 CHF
🏦 Financing
Loan amount
3990770 CHF
Mortgage rate
2.40%
Term
25 years
Monthly payment
17703 CHF
Annual debt service
212435 CHF
📊 Year-1 operating P&L
Gross rent
+159631
Operating costs (18%)
−28734
Net operating income (NOI)
130897
− Debt service
−212435
− Income tax (22%)
−28797
Net cashflow
-110335 CHF
📈 10-year projection
1.5% capital appreciation /yr| Year | Gross rent | Opex | Net cashflow | Property value | Equity |
|---|---|---|---|---|---|
| Y1 | 159631 | 28734 | -110335 | 5786617 | 1913795 |
| Y2 | 162025 | 29165 | -108804 | 5873416 | 2121405 |
| Y3 | 164456 | 29602 | -107250 | 5961517 | 2333249 |
| Y4 | 166922 | 30046 | -105672 | 6050940 | 2549417 |
| Y5 | 169426 | 30497 | -104070 | 6141704 | 2770001 |
| Y6 | 171968 | 30954 | -102445 | 6233829 | 2995098 |
| Y7 | 174547 | 31419 | -100795 | 6327337 | 3224803 |
| Y8 | 177165 | 31890 | -99120 | 6422247 | 3459215 |
| Y9 | 179823 | 32368 | -97421 | 6518581 | 3698437 |
| Y10 | 182520 | 32854 | -95695 | 6616359 | 3942570 |
| Σ 10y | Cumulative net cashflow | -1031607 | Equity at exit | 3942570 | |
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.