Country-aware · Mortgage · Taxes · Cashflow · Appreciation
Underwrite the deal on
Underwrite the deal on
Private villa with garden, Montmartre
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
2.7%
Cashflow / mo
-3661
10-yr return
32%
Net cashflow / mo
-3661
EUR · after debt service & taxes
Cap rate
2.7%
NOI ÷ asking price
Cash-on-cash
-6.5%
Year-1 cashflow ÷ cash-in
10-yr total return
32%
2.8% annualised
💼 Acquisition
Asking price
1805600 EUR
Down payment (30%)
541680 EUR
Acquisition fees (7.5%)
135420 EUR
Mortgage principal
1263920 EUR
Total cash-in at close
677100 EUR
🏦 Financing
Loan amount
1263920 EUR
Mortgage rate
4.10%
Term
25 years
Monthly payment
6741 EUR
Annual debt service
80897 EUR
📊 Year-1 operating P&L
Gross rent
+63196
Operating costs (22%)
−13903
Net operating income (NOI)
49293
− Debt service
−80897
− Income tax (25%)
−12323
Net cashflow
-43927 EUR
📈 10-year projection
2.0% capital appreciation /yr| Year | Gross rent | Opex | Net cashflow | Property value | Equity |
|---|---|---|---|---|---|
| Y1 | 63196 | 13903 | -43927 | 1841712 | 607421 |
| Y2 | 64460 | 14181 | -43188 | 1878546 | 675122 |
| Y3 | 65749 | 14465 | -42434 | 1916117 | 744850 |
| Y4 | 67064 | 14754 | -41665 | 1954440 | 816672 |
| Y5 | 68405 | 15049 | -40880 | 1993528 | 890660 |
| Y6 | 69773 | 15350 | -40080 | 2033399 | 966888 |
| Y7 | 71169 | 15657 | -39263 | 2074067 | 1045433 |
| Y8 | 72592 | 15970 | -38431 | 2115548 | 1126373 |
| Y9 | 74044 | 16290 | -37581 | 2157859 | 1209792 |
| Y10 | 75525 | 16616 | -36715 | 2201016 | 1295774 |
| Σ 10y | Cumulative net cashflow | -404163 | Equity at exit | 1295774 | |
Modelling assumptions
- Country baseline: FR — operating costs 22% of gross rent, income tax 25%, capital appreciation 2.0%/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.