Country-aware · Mortgage · Taxes · Cashflow · Appreciation
Underwrite the deal on
Underwrite the deal on
Private villa with garden, Foz do Douro
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
4.8%
Cashflow / mo
-672
10-yr return
107%
Net cashflow / mo
-672
EUR · after debt service & taxes
Cap rate
4.8%
NOI ÷ asking price
Cash-on-cash
-2.8%
Year-1 cashflow ÷ cash-in
10-yr total return
107%
7.6% annualised
💼 Acquisition
Asking price
764400 EUR
Down payment (30%)
229320 EUR
Acquisition fees (8.0%)
61152 EUR
Mortgage principal
535080 EUR
Total cash-in at close
290472 EUR
🏦 Financing
Loan amount
535080 EUR
Mortgage rate
4.10%
Term
25 years
Monthly payment
2854 EUR
Annual debt service
34248 EUR
📊 Year-1 operating P&L
Gross rent
+46628
Operating costs (22%)
−10258
Net operating income (NOI)
36370
− Debt service
−34248
− Income tax (28%)
−10184
Net cashflow
-8061 EUR
📈 10-year projection
3.0% capital appreciation /yr| Year | Gross rent | Opex | Net cashflow | Property value | Equity |
|---|---|---|---|---|---|
| Y1 | 46628 | 10258 | -8061 | 787332 | 264795 |
| Y2 | 48027 | 10566 | -7276 | 810952 | 301483 |
| Y3 | 49468 | 10883 | -6466 | 835281 | 339425 |
| Y4 | 50952 | 11209 | -5633 | 860339 | 378665 |
| Y5 | 52481 | 11546 | -4775 | 886149 | 419250 |
| Y6 | 54055 | 11892 | -3890 | 912734 | 461227 |
| Y7 | 55677 | 12249 | -2980 | 940116 | 504644 |
| Y8 | 57347 | 12616 | -2042 | 968319 | 549552 |
| Y9 | 59067 | 12995 | -1075 | 997369 | 596005 |
| Y10 | 60839 | 13385 | -80 | 1027290 | 644056 |
| Σ 10y | Cumulative net cashflow | -42278 | Equity at exit | 644056 | |
Modelling assumptions
- Country baseline: PT — operating costs 22% of gross rent, income tax 28%, capital appreciation 3.0%/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.