Country-aware · Mortgage · Taxes · Cashflow · Appreciation
Underwrite the deal on
Underwrite the deal on
Boutique office space, Downtown-adjacent · Ref 6088
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
6.7%
Cashflow / mo
567
10-yr return
255%
Net cashflow / mo
567
AED · after debt service & taxes
Cap rate
6.7%
NOI ÷ asking price
Cash-on-cash
5.1%
Year-1 cashflow ÷ cash-in
10-yr total return
255%
13.5% annualised
💼 Acquisition
Asking price
374500 AED
Down payment (30%)
112350 AED
Acquisition fees (6.0%)
22470 AED
Mortgage principal
262150 AED
Total cash-in at close
134820 AED
🏦 Financing
Loan amount
262150 AED
Mortgage rate
4.99%
Term
25 years
Monthly payment
1531 AED
Annual debt service
18372 AED
📊 Year-1 operating P&L
Gross rent
+30709
Operating costs (18%)
−5528
Net operating income (NOI)
25181
− Debt service
−18372
− Income tax (0%)
−0
Net cashflow
6810 AED
📈 10-year projection
4.0% capital appreciation /yr| Year | Gross rent | Opex | Net cashflow | Property value | Equity |
|---|---|---|---|---|---|
| Y1 | 30709 | 5528 | 6810 | 389480 | 132743 |
| Y2 | 31937 | 5749 | 7817 | 405059 | 154012 |
| Y3 | 33215 | 5979 | 8864 | 421262 | 176194 |
| Y4 | 34543 | 6218 | 9954 | 438112 | 199330 |
| Y5 | 35925 | 6467 | 11087 | 455637 | 223461 |
| Y6 | 37362 | 6725 | 12265 | 473862 | 248630 |
| Y7 | 38857 | 6994 | 13491 | 492816 | 274882 |
| Y8 | 40411 | 7274 | 14765 | 512529 | 302265 |
| Y9 | 42027 | 7565 | 16091 | 533030 | 330829 |
| Y10 | 43708 | 7868 | 17469 | 554351 | 360624 |
| Σ 10y | Cumulative net cashflow | 118613 | Equity at exit | 360624 | |
Modelling assumptions
- Country baseline: AE — operating costs 18% of gross rent, income tax 0%, capital appreciation 4.0%/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.