Country-aware · Mortgage · Taxes · Cashflow · Appreciation
Underwrite the deal on
Underwrite the deal on
Private villa with garden, Vilamoura
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
-514
10-yr return
119%
Net cashflow / mo
-514
EUR · after debt service & taxes
Cap rate
5.3%
NOI ÷ asking price
Cash-on-cash
-1.7%
Year-1 cashflow ÷ cash-in
10-yr total return
119%
8.2% annualised
💼 Acquisition
Asking price
932300 EUR
Down payment (30%)
279690 EUR
Acquisition fees (8.0%)
74584 EUR
Mortgage principal
652610 EUR
Total cash-in at close
354274 EUR
🏦 Financing
Loan amount
652610 EUR
Mortgage rate
4.10%
Term
25 years
Monthly payment
3481 EUR
Annual debt service
41770 EUR
📊 Year-1 operating P&L
Gross rent
+63396
Operating costs (22%)
−13947
Net operating income (NOI)
49449
− Debt service
−41770
− Income tax (28%)
−13846
Net cashflow
-6167 EUR
📈 10-year projection
3.0% capital appreciation /yr| Year | Gross rent | Opex | Net cashflow | Property value | Equity |
|---|---|---|---|---|---|
| Y1 | 63396 | 13947 | -6167 | 960269 | 322958 |
| Y2 | 65298 | 14366 | -5099 | 989077 | 367703 |
| Y3 | 67257 | 14797 | -3999 | 1018749 | 413979 |
| Y4 | 69275 | 15240 | -2865 | 1049312 | 461839 |
| Y5 | 71353 | 15698 | -1698 | 1080791 | 511338 |
| Y6 | 73494 | 16169 | -496 | 1113215 | 562535 |
| Y7 | 75699 | 16654 | 742 | 1146611 | 615489 |
| Y8 | 77970 | 17153 | 2017 | 1181010 | 670261 |
| Y9 | 80309 | 17668 | 3331 | 1216440 | 726917 |
| Y10 | 82718 | 18198 | 4684 | 1252933 | 785522 |
| Σ 10y | Cumulative net cashflow | -9549 | Equity at exit | 785522 | |
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.