Country-aware · Mortgage · Taxes · Cashflow · Appreciation
Underwrite the deal on
Underwrite the deal on
Family home, Chiado
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
4.2%
Cashflow / mo
-658
10-yr return
95%
Net cashflow / mo
-658
EUR · after debt service & taxes
Cap rate
4.2%
NOI ÷ asking price
Cash-on-cash
-3.8%
Year-1 cashflow ÷ cash-in
10-yr total return
95%
6.9% annualised
💼 Acquisition
Asking price
545000 EUR
Down payment (30%)
163500 EUR
Acquisition fees (8.0%)
43600 EUR
Mortgage principal
381500 EUR
Total cash-in at close
207100 EUR
🏦 Financing
Loan amount
381500 EUR
Mortgage rate
4.10%
Term
25 years
Monthly payment
2035 EUR
Annual debt service
24418 EUR
📊 Year-1 operating P&L
Gross rent
+29430
Operating costs (22%)
−6475
Net operating income (NOI)
22955
− Debt service
−24418
− Income tax (28%)
−6428
Net cashflow
-7890 EUR
📈 10-year projection
3.0% capital appreciation /yr| Year | Gross rent | Opex | Net cashflow | Property value | Equity |
|---|---|---|---|---|---|
| Y1 | 29430 | 6475 | -7890 | 561350 | 188793 |
| Y2 | 30313 | 6669 | -7394 | 578191 | 214950 |
| Y3 | 31222 | 6869 | -6883 | 595536 | 242002 |
| Y4 | 32159 | 7075 | -6357 | 613402 | 269980 |
| Y5 | 33124 | 7287 | -5816 | 631804 | 298916 |
| Y6 | 34117 | 7506 | -5258 | 650759 | 328844 |
| Y7 | 35141 | 7731 | -4683 | 670281 | 359800 |
| Y8 | 36195 | 7963 | -4091 | 690390 | 391818 |
| Y9 | 37281 | 8202 | -3481 | 711101 | 424938 |
| Y10 | 38399 | 8448 | -2853 | 732434 | 459197 |
| Σ 10y | Cumulative net cashflow | -54705 | Equity at exit | 459197 | |
Modelling assumptions
- Country baseline: PT — operating costs 22% of gross rent, income tax 28%, 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.