Country-aware · Mortgage · Taxes · Cashflow · Appreciation
Underwrite the deal on
Underwrite the deal on
4-bed apartment, Spinningfields
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
5.0%
Cashflow / mo
-418
10-yr return
107%
Net cashflow / mo
-418
GBP · after debt service & taxes
Cap rate
5.0%
NOI ÷ asking price
Cash-on-cash
-3.1%
Year-1 cashflow ÷ cash-in
10-yr total return
107%
7.5% annualised
💼 Acquisition
Asking price
482200 GBP
Down payment (30%)
144660 GBP
Acquisition fees (4.0%)
19288 GBP
Mortgage principal
337540 GBP
Total cash-in at close
163948 GBP
🏦 Financing
Loan amount
337540 GBP
Mortgage rate
5.20%
Term
25 years
Monthly payment
2013 GBP
Annual debt service
24153 GBP
📊 Year-1 operating P&L
Gross rent
+29896
Operating costs (20%)
−5979
Net operating income (NOI)
23917
− Debt service
−24153
− Income tax (20%)
−4783
Net cashflow
-5019 GBP
📈 10-year projection
2.5% capital appreciation /yr| Year | Gross rent | Opex | Net cashflow | Property value | Equity |
|---|---|---|---|---|---|
| Y1 | 29896 | 5979 | -5019 | 494255 | 163476 |
| Y2 | 30644 | 6129 | -4541 | 506611 | 182953 |
| Y3 | 31410 | 6282 | -4051 | 519277 | 203118 |
| Y4 | 32195 | 6439 | -3548 | 532259 | 223999 |
| Y5 | 33000 | 6600 | -3033 | 545565 | 245626 |
| Y6 | 33825 | 6765 | -2505 | 559204 | 268028 |
| Y7 | 34671 | 6934 | -1964 | 573184 | 291238 |
| Y8 | 35537 | 7107 | -1409 | 587514 | 315289 |
| Y9 | 36426 | 7285 | -841 | 602202 | 340216 |
| Y10 | 37337 | 7467 | -258 | 617257 | 366055 |
| Σ 10y | Cumulative net cashflow | -27169 | Equity at exit | 366055 | |
Modelling assumptions
- Country baseline: GB — operating costs 20% of gross rent, income tax 20%, capital appreciation 2.5%/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.