Country-aware · Mortgage · Taxes · Cashflow · Appreciation
Underwrite the deal on
Underwrite the deal on
Class-A office floor, Saadiyat Island · Ref 2122
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
425300 AED
Down payment (30%)
127590 AED
Acquisition fees (6.0%)
25518 AED
Mortgage principal
297710 AED
Total cash-in at close
153108 AED
🏦 Financing
Loan amount
297710 AED
Mortgage rate
4.99%
Term
25 years
Monthly payment
1739 AED
Annual debt service
20864 AED
📊 Year-1 operating P&L
Gross rent
+27645
Operating costs (18%)
−4976
Net operating income (NOI)
22668
− Debt service
−20864
− Income tax (0%)
−0
Net cashflow
1805 AED
📈 10-year projection
4.0% capital appreciation /yr| Year | Gross rent | Opex | Net cashflow | Property value | Equity |
|---|---|---|---|---|---|
| Y1 | 27645 | 4976 | 1805 | 442312 | 150749 |
| Y2 | 28750 | 5175 | 2711 | 460004 | 174903 |
| Y3 | 29900 | 5382 | 3654 | 478405 | 200094 |
| Y4 | 31096 | 5597 | 4635 | 497541 | 226369 |
| Y5 | 32340 | 5821 | 5655 | 517442 | 253773 |
| Y6 | 33634 | 6054 | 6716 | 538140 | 282356 |
| Y7 | 34979 | 6296 | 7819 | 559666 | 312169 |
| Y8 | 36378 | 6548 | 8966 | 582052 | 343267 |
| Y9 | 37833 | 6810 | 10160 | 605335 | 375705 |
| Y10 | 39347 | 7082 | 11401 | 629548 | 409542 |
| Σ 10y | Cumulative net cashflow | 63522 | Equity at exit | 409542 | |
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.