Country-aware · Mortgage · Taxes · Cashflow · Appreciation
Underwrite the deal on
Underwrite the deal on
Class-A office floor, Saadiyat Island
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
5.3%
Cashflow / mo
150
10-yr return
209%
Net cashflow / mo
150
AED · after debt service & taxes
Cap rate
5.3%
NOI ÷ asking price
Cash-on-cash
1.2%
Year-1 cashflow ÷ cash-in
10-yr total return
209%
11.9% annualised
💼 Acquisition
Asking price
423600 AED
Down payment (30%)
127080 AED
Acquisition fees (6.0%)
25416 AED
Mortgage principal
296520 AED
Total cash-in at close
152496 AED
🏦 Financing
Loan amount
296520 AED
Mortgage rate
4.99%
Term
25 years
Monthly payment
1732 AED
Annual debt service
20780 AED
📊 Year-1 operating P&L
Gross rent
+27534
Operating costs (18%)
−4956
Net operating income (NOI)
22578
− Debt service
−20780
− Income tax (0%)
−0
Net cashflow
1797 AED
📈 10-year projection
4.0% capital appreciation /yr| Year | Gross rent | Opex | Net cashflow | Property value | Equity |
|---|---|---|---|---|---|
| Y1 | 27534 | 4956 | 1797 | 440544 | 150147 |
| Y2 | 28635 | 5154 | 2701 | 458166 | 174204 |
| Y3 | 29781 | 5361 | 3640 | 476492 | 199295 |
| Y4 | 30972 | 5575 | 4617 | 495552 | 225464 |
| Y5 | 32211 | 5798 | 5633 | 515374 | 252758 |
| Y6 | 33499 | 6030 | 6689 | 535989 | 281227 |
| Y7 | 34839 | 6271 | 7788 | 557429 | 310921 |
| Y8 | 36233 | 6522 | 8931 | 579726 | 341895 |
| Y9 | 37682 | 6783 | 10119 | 602915 | 374203 |
| Y10 | 39189 | 7054 | 11355 | 627031 | 407905 |
| Σ 10y | Cumulative net cashflow | 63269 | Equity at exit | 407905 | |
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.