Country-aware · Mortgage · Taxes · Cashflow · Appreciation
Underwrite the deal on
Underwrite the deal on
Boutique office space, Yas Island
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
5.3%
Cashflow / mo
312
10-yr return
209%
Net cashflow / mo
312
AED · after debt service & taxes
Cap rate
5.3%
NOI ÷ asking price
Cash-on-cash
1.2%
Year-1 cashflow ÷ cash-in
10-yr total return
209%
11.9% annualised
💼 Acquisition
Asking price
881600 AED
Down payment (30%)
264480 AED
Acquisition fees (6.0%)
52896 AED
Mortgage principal
617120 AED
Total cash-in at close
317376 AED
🏦 Financing
Loan amount
617120 AED
Mortgage rate
4.99%
Term
25 years
Monthly payment
3604 AED
Annual debt service
43248 AED
📊 Year-1 operating P&L
Gross rent
+57304
Operating costs (18%)
−10315
Net operating income (NOI)
46989
− Debt service
−43248
− Income tax (0%)
−0
Net cashflow
3741 AED
📈 10-year projection
4.0% capital appreciation /yr| Year | Gross rent | Opex | Net cashflow | Property value | Equity |
|---|---|---|---|---|---|
| Y1 | 57304 | 10315 | 3741 | 916864 | 312487 |
| Y2 | 59596 | 10727 | 5621 | 953539 | 362555 |
| Y3 | 61980 | 11156 | 7575 | 991680 | 414774 |
| Y4 | 64459 | 11603 | 9608 | 1031347 | 469237 |
| Y5 | 67038 | 12067 | 11722 | 1072601 | 526042 |
| Y6 | 69719 | 12549 | 13921 | 1115505 | 585292 |
| Y7 | 72508 | 13051 | 16208 | 1160125 | 647092 |
| Y8 | 75408 | 13573 | 18586 | 1206530 | 711555 |
| Y9 | 78424 | 14116 | 21060 | 1254792 | 778795 |
| Y10 | 81561 | 14681 | 23632 | 1304983 | 848935 |
| Σ 10y | Cumulative net cashflow | 131675 | Equity at exit | 848935 | |
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.