Country-aware · Mortgage · Taxes · Cashflow · Appreciation
Underwrite the deal on
Underwrite the deal on
Sea-facing villa in Albufeira
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
-315
10-yr return
119%
Net cashflow / mo
-315
EUR · after debt service & taxes
Cap rate
5.3%
NOI ÷ asking price
Cash-on-cash
-1.7%
Year-1 cashflow ÷ cash-in
10-yr total return
119%
8.2% annualised
💼 Acquisition
Asking price
571800 EUR
Down payment (30%)
171540 EUR
Acquisition fees (8.0%)
45744 EUR
Mortgage principal
400260 EUR
Total cash-in at close
217284 EUR
🏦 Financing
Loan amount
400260 EUR
Mortgage rate
4.10%
Term
25 years
Monthly payment
2135 EUR
Annual debt service
25619 EUR
📊 Year-1 operating P&L
Gross rent
+38882
Operating costs (22%)
−8554
Net operating income (NOI)
30328
− Debt service
−25619
− Income tax (28%)
−8492
Net cashflow
-3782 EUR
📈 10-year projection
3.0% capital appreciation /yr| Year | Gross rent | Opex | Net cashflow | Property value | Equity |
|---|---|---|---|---|---|
| Y1 | 38882 | 8554 | -3782 | 588954 | 198077 |
| Y2 | 40049 | 8811 | -3127 | 606623 | 225521 |
| Y3 | 41250 | 9075 | -2452 | 624821 | 253903 |
| Y4 | 42488 | 9347 | -1757 | 643566 | 283256 |
| Y5 | 43762 | 9628 | -1042 | 662873 | 313615 |
| Y6 | 45075 | 9917 | -304 | 682759 | 345015 |
| Y7 | 46428 | 10214 | 455 | 703242 | 377493 |
| Y8 | 47820 | 10521 | 1237 | 724339 | 411086 |
| Y9 | 49255 | 10836 | 2043 | 746069 | 445834 |
| Y10 | 50733 | 11161 | 2873 | 768451 | 481778 |
| Σ 10y | Cumulative net cashflow | -5857 | Equity at exit | 481778 | |
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.