Country-aware · Mortgage · Taxes · Cashflow · Appreciation
Underwrite the deal on
Underwrite the deal on
Private villa with garden, Promenade des Anglais
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
3.3%
Cashflow / mo
-1199
10-yr return
44%
Net cashflow / mo
-1199
EUR · after debt service & taxes
Cap rate
3.3%
NOI ÷ asking price
Cash-on-cash
-5.4%
Year-1 cashflow ÷ cash-in
10-yr total return
44%
3.7% annualised
💼 Acquisition
Asking price
711000 EUR
Down payment (30%)
213300 EUR
Acquisition fees (7.5%)
53325 EUR
Mortgage principal
497700 EUR
Total cash-in at close
266625 EUR
🏦 Financing
Loan amount
497700 EUR
Mortgage rate
4.10%
Term
25 years
Monthly payment
2655 EUR
Annual debt service
31855 EUR
📊 Year-1 operating P&L
Gross rent
+29862
Operating costs (22%)
−6570
Net operating income (NOI)
23292
− Debt service
−31855
− Income tax (25%)
−5823
Net cashflow
-14386 EUR
📈 10-year projection
2.0% capital appreciation /yr| Year | Gross rent | Opex | Net cashflow | Property value | Equity |
|---|---|---|---|---|---|
| Y1 | 29862 | 6570 | -14386 | 725220 | 239187 |
| Y2 | 30459 | 6701 | -14037 | 739724 | 265846 |
| Y3 | 31068 | 6835 | -13680 | 754519 | 293303 |
| Y4 | 31690 | 6972 | -13317 | 769609 | 321585 |
| Y5 | 32324 | 7111 | -12946 | 785001 | 350720 |
| Y6 | 32970 | 7253 | -12568 | 800701 | 380736 |
| Y7 | 33629 | 7398 | -12182 | 816716 | 411665 |
| Y8 | 34302 | 7546 | -11789 | 833050 | 443538 |
| Y9 | 34988 | 7697 | -11387 | 849711 | 476386 |
| Y10 | 35688 | 7851 | -10978 | 866705 | 510243 |
| Σ 10y | Cumulative net cashflow | -127269 | Equity at exit | 510243 | |
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.