Country-aware · Mortgage · Taxes · Cashflow · Appreciation
Underwrite the deal on
Underwrite the deal on
Boutique office space, Downtown-adjacent
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
6.7%
Cashflow / mo
688
10-yr return
255%
Net cashflow / mo
688
AED · after debt service & taxes
Cap rate
6.7%
NOI ÷ asking price
Cash-on-cash
5.1%
Year-1 cashflow ÷ cash-in
10-yr total return
255%
13.5% annualised
💼 Acquisition
Asking price
454100 AED
Down payment (30%)
136230 AED
Acquisition fees (6.0%)
27246 AED
Mortgage principal
317870 AED
Total cash-in at close
163476 AED
🏦 Financing
Loan amount
317870 AED
Mortgage rate
4.99%
Term
25 years
Monthly payment
1856 AED
Annual debt service
22277 AED
📊 Year-1 operating P&L
Gross rent
+37236
Operating costs (18%)
−6703
Net operating income (NOI)
30534
− Debt service
−22277
− Income tax (0%)
−0
Net cashflow
8257 AED
📈 10-year projection
4.0% capital appreciation /yr| Year | Gross rent | Opex | Net cashflow | Property value | Equity |
|---|---|---|---|---|---|
| Y1 | 37236 | 6703 | 8257 | 472264 | 160958 |
| Y2 | 38726 | 6971 | 9478 | 491155 | 186747 |
| Y3 | 40275 | 7249 | 10749 | 510801 | 213644 |
| Y4 | 41886 | 7539 | 12070 | 531233 | 241698 |
| Y5 | 43561 | 7841 | 13443 | 552482 | 270957 |
| Y6 | 45304 | 8155 | 14872 | 574581 | 301476 |
| Y7 | 47116 | 8481 | 16358 | 597565 | 333308 |
| Y8 | 49000 | 8820 | 17904 | 621467 | 366512 |
| Y9 | 50960 | 9173 | 19511 | 646326 | 401147 |
| Y10 | 52999 | 9540 | 21182 | 672179 | 437275 |
| Σ 10y | Cumulative net cashflow | 143825 | Equity at exit | 437275 | |
Modelling assumptions
- Country baseline: AE — operating costs 18% of gross rent, income tax 0%, capital appreciation 4.0%/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.