Country-aware · Mortgage · Taxes · Cashflow · Appreciation
Underwrite the deal on
Underwrite the deal on
Bright pied-à-terre in Soho
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
4.7%
Cashflow / mo
-373
10-yr return
111%
Net cashflow / mo
-373
EUR · after debt service & taxes
Cap rate
4.7%
NOI ÷ asking price
Cash-on-cash
-1.5%
Year-1 cashflow ÷ cash-in
10-yr total return
111%
7.7% annualised
💼 Acquisition
Asking price
749400 EUR
Down payment (30%)
224820 EUR
Acquisition fees (10.0%)
74940 EUR
Mortgage principal
524580 EUR
Total cash-in at close
299760 EUR
🏦 Financing
Loan amount
524580 EUR
Mortgage rate
3.90%
Term
25 years
Monthly payment
2740 EUR
Annual debt service
32881 EUR
📊 Year-1 operating P&L
Gross rent
+44964
Operating costs (22%)
−9892
Net operating income (NOI)
35072
− Debt service
−32881
− Income tax (19%)
−6664
Net cashflow
-4472 EUR
📈 10-year projection
3.0% capital appreciation /yr| Year | Gross rent | Opex | Net cashflow | Property value | Equity |
|---|---|---|---|---|---|
| Y1 | 44964 | 9892 | -4472 | 771882 | 259948 |
| Y2 | 46313 | 10189 | -3620 | 795038 | 296253 |
| Y3 | 47702 | 10495 | -2742 | 818890 | 333775 |
| Y4 | 49133 | 10809 | -1838 | 843456 | 372555 |
| Y5 | 50607 | 11134 | -907 | 868760 | 412636 |
| Y6 | 52126 | 11468 | 52 | 894823 | 454064 |
| Y7 | 53689 | 11812 | 1040 | 921667 | 496883 |
| Y8 | 55300 | 12166 | 2058 | 949318 | 541142 |
| Y9 | 56959 | 12531 | 3106 | 977797 | 586889 |
| Y10 | 58668 | 12907 | 4186 | 1007131 | 634177 |
| Σ 10y | Cumulative net cashflow | -3136 | Equity at exit | 634177 | |
Modelling assumptions
- Country baseline: ES — operating costs 22% of gross rent, income tax 19%, 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.