Country-aware · Mortgage · Taxes · Cashflow · Appreciation
Underwrite the deal on
Underwrite the deal on
Bright pied-à-terre in Montmartre
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
2.7%
Cashflow / mo
-2687
10-yr return
32%
Net cashflow / mo
-2687
EUR · after debt service & taxes
Cap rate
2.7%
NOI ÷ asking price
Cash-on-cash
-6.5%
Year-1 cashflow ÷ cash-in
10-yr total return
32%
2.8% annualised
💼 Acquisition
Asking price
1325600 EUR
Down payment (30%)
397680 EUR
Acquisition fees (7.5%)
99420 EUR
Mortgage principal
927920 EUR
Total cash-in at close
497100 EUR
🏦 Financing
Loan amount
927920 EUR
Mortgage rate
4.10%
Term
25 years
Monthly payment
4949 EUR
Annual debt service
59391 EUR
📊 Year-1 operating P&L
Gross rent
+46396
Operating costs (22%)
−10207
Net operating income (NOI)
36189
− Debt service
−59391
− Income tax (25%)
−9047
Net cashflow
-32250 EUR
📈 10-year projection
2.0% capital appreciation /yr| Year | Gross rent | Opex | Net cashflow | Property value | Equity |
|---|---|---|---|---|---|
| Y1 | 46396 | 10207 | -32250 | 1352112 | 445944 |
| Y2 | 47324 | 10411 | -31707 | 1379154 | 495648 |
| Y3 | 48270 | 10619 | -31153 | 1406737 | 546839 |
| Y4 | 49236 | 10832 | -30588 | 1434872 | 599568 |
| Y5 | 50221 | 11049 | -30012 | 1463570 | 653887 |
| Y6 | 51225 | 11269 | -29425 | 1492841 | 709851 |
| Y7 | 52249 | 11495 | -28825 | 1522698 | 767515 |
| Y8 | 53294 | 11725 | -28214 | 1553152 | 826939 |
| Y9 | 54360 | 11959 | -27591 | 1584215 | 888181 |
| Y10 | 55448 | 12198 | -26955 | 1615899 | 951306 |
| Σ 10y | Cumulative net cashflow | -296720 | Equity at exit | 951306 | |
Modelling assumptions
- Country baseline: FR — operating costs 22% of gross rent, income tax 25%, capital appreciation 2.0%/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.