Country-aware · Mortgage · Taxes · Cashflow · Appreciation
Underwrite the deal on
Underwrite the deal on
Boutique residence in Prati
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
3.7%
Cashflow / mo
-788
10-yr return
40%
Net cashflow / mo
-788
EUR · after debt service & taxes
Cap rate
3.7%
NOI ÷ asking price
Cash-on-cash
-4.3%
Year-1 cashflow ÷ cash-in
10-yr total return
40%
3.4% annualised
💼 Acquisition
Asking price
558800 EUR
Down payment (30%)
167640 EUR
Acquisition fees (9.0%)
50292 EUR
Mortgage principal
391160 EUR
Total cash-in at close
217932 EUR
🏦 Financing
Loan amount
391160 EUR
Mortgage rate
4.30%
Term
25 years
Monthly payment
2130 EUR
Annual debt service
25560 EUR
📊 Year-1 operating P&L
Gross rent
+26822
Operating costs (24%)
−6437
Net operating income (NOI)
20385
− Debt service
−25560
− Income tax (21%)
−4281
Net cashflow
-9456 EUR
📈 10-year projection
1.8% capital appreciation /yr| Year | Gross rent | Opex | Net cashflow | Property value | Equity |
|---|---|---|---|---|---|
| Y1 | 26822 | 6437 | -9456 | 568858 | 186613 |
| Y2 | 27305 | 6553 | -9166 | 579098 | 206158 |
| Y3 | 27797 | 6671 | -8871 | 589522 | 226296 |
| Y4 | 28297 | 6791 | -8571 | 600133 | 247047 |
| Y5 | 28806 | 6914 | -8265 | 610935 | 268435 |
| Y6 | 29325 | 7038 | -7954 | 621932 | 290480 |
| Y7 | 29853 | 7165 | -7637 | 633127 | 313208 |
| Y8 | 30390 | 7294 | -7314 | 644523 | 336644 |
| Y9 | 30937 | 7425 | -6986 | 656125 | 360813 |
| Y10 | 31494 | 7559 | -6651 | 667935 | 385741 |
| Σ 10y | Cumulative net cashflow | -80871 | Equity at exit | 385741 | |
Modelling assumptions
- Country baseline: IT — operating costs 24% of gross rent, income tax 21%, capital appreciation 1.8%/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.