Country-aware · Mortgage · Taxes · Cashflow · Appreciation
Underwrite the deal on
Underwrite the deal on
Boutique office space, Downtown-adjacent · Ref 3145
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
1341
10-yr return
255%
Net cashflow / mo
1341
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
884900 AED
Down payment (30%)
265470 AED
Acquisition fees (6.0%)
53094 AED
Mortgage principal
619430 AED
Total cash-in at close
318564 AED
🏦 Financing
Loan amount
619430 AED
Mortgage rate
4.99%
Term
25 years
Monthly payment
3618 AED
Annual debt service
43410 AED
📊 Year-1 operating P&L
Gross rent
+72562
Operating costs (18%)
−13061
Net operating income (NOI)
59501
− Debt service
−43410
− Income tax (0%)
−0
Net cashflow
16090 AED
📈 10-year projection
4.0% capital appreciation /yr| Year | Gross rent | Opex | Net cashflow | Property value | Equity |
|---|---|---|---|---|---|
| Y1 | 72562 | 13061 | 16090 | 920296 | 313657 |
| Y2 | 75464 | 13584 | 18470 | 957108 | 363912 |
| Y3 | 78483 | 14127 | 20946 | 995392 | 416326 |
| Y4 | 81622 | 14692 | 23520 | 1035208 | 470993 |
| Y5 | 84887 | 15280 | 26197 | 1076616 | 528011 |
| Y6 | 88283 | 15891 | 28981 | 1119681 | 587483 |
| Y7 | 91814 | 16526 | 31877 | 1164468 | 649514 |
| Y8 | 95486 | 17188 | 34889 | 1211047 | 714218 |
| Y9 | 99306 | 17875 | 38021 | 1259489 | 781710 |
| Y10 | 103278 | 18590 | 41278 | 1309868 | 852113 |
| Σ 10y | Cumulative net cashflow | 280269 | Equity at exit | 852113 | |
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.