Country-aware · Mortgage · Taxes · Cashflow · Appreciation
Underwrite the deal on
Underwrite the deal on
Class-A office floor, District 16 · Ref 7956
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
7.5%
Cashflow / mo
637
10-yr return
280%
Net cashflow / mo
637
AED · after debt service & taxes
Cap rate
7.5%
NOI ÷ asking price
Cash-on-cash
7.1%
Year-1 cashflow ÷ cash-in
10-yr total return
280%
14.3% annualised
💼 Acquisition
Asking price
299000 AED
Down payment (30%)
89700 AED
Acquisition fees (6.0%)
17940 AED
Mortgage principal
209300 AED
Total cash-in at close
107640 AED
🏦 Financing
Loan amount
209300 AED
Mortgage rate
4.99%
Term
25 years
Monthly payment
1222 AED
Annual debt service
14668 AED
📊 Year-1 operating P&L
Gross rent
+27209
Operating costs (18%)
−4898
Net operating income (NOI)
22311
− Debt service
−14668
− Income tax (0%)
−0
Net cashflow
7643 AED
📈 10-year projection
4.0% capital appreciation /yr| Year | Gross rent | Opex | Net cashflow | Property value | Equity |
|---|---|---|---|---|---|
| Y1 | 27209 | 4898 | 7643 | 310960 | 105982 |
| Y2 | 28297 | 5094 | 8536 | 323398 | 122963 |
| Y3 | 29429 | 5297 | 9464 | 336334 | 140673 |
| Y4 | 30606 | 5509 | 10429 | 349788 | 159145 |
| Y5 | 31831 | 5730 | 11433 | 363779 | 178410 |
| Y6 | 33104 | 5959 | 12477 | 378330 | 198505 |
| Y7 | 34428 | 6197 | 13563 | 393464 | 219465 |
| Y8 | 35805 | 6445 | 14692 | 409202 | 241328 |
| Y9 | 37237 | 6703 | 15867 | 425570 | 264133 |
| Y10 | 38727 | 6971 | 17088 | 442593 | 287921 |
| Σ 10y | Cumulative net cashflow | 121193 | Equity at exit | 287921 | |
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.