Country-aware · Mortgage · Taxes · Cashflow · Appreciation
Underwrite the deal on
Underwrite the deal on
Period house in Ribeira
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
4.8%
Cashflow / mo
-637
10-yr return
107%
Net cashflow / mo
-637
EUR · after debt service & taxes
Cap rate
4.8%
NOI ÷ asking price
Cash-on-cash
-2.8%
Year-1 cashflow ÷ cash-in
10-yr total return
107%
7.6% annualised
💼 Acquisition
Asking price
725200 EUR
Down payment (30%)
217560 EUR
Acquisition fees (8.0%)
58016 EUR
Mortgage principal
507640 EUR
Total cash-in at close
275576 EUR
🏦 Financing
Loan amount
507640 EUR
Mortgage rate
4.10%
Term
25 years
Monthly payment
2708 EUR
Annual debt service
32491 EUR
📊 Year-1 operating P&L
Gross rent
+44237
Operating costs (22%)
−9732
Net operating income (NOI)
34505
− Debt service
−32491
− Income tax (28%)
−9661
Net cashflow
-7648 EUR
📈 10-year projection
3.0% capital appreciation /yr| Year | Gross rent | Opex | Net cashflow | Property value | Equity |
|---|---|---|---|---|---|
| Y1 | 44237 | 9732 | -7648 | 746956 | 251216 |
| Y2 | 45564 | 10024 | -6903 | 769365 | 286022 |
| Y3 | 46931 | 10325 | -6135 | 792446 | 322018 |
| Y4 | 48339 | 10635 | -5344 | 816219 | 359247 |
| Y5 | 49789 | 10954 | -4530 | 840706 | 397750 |
| Y6 | 51283 | 11282 | -3691 | 865927 | 437574 |
| Y7 | 52822 | 11621 | -2827 | 891905 | 478765 |
| Y8 | 54406 | 11969 | -1937 | 918662 | 521370 |
| Y9 | 56038 | 12328 | -1020 | 946222 | 565440 |
| Y10 | 57720 | 12698 | -76 | 974608 | 611027 |
| Σ 10y | Cumulative net cashflow | -40110 | Equity at exit | 611027 | |
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.