Country-aware · Mortgage · Taxes · Cashflow · Appreciation
Underwrite the deal on
Underwrite the deal on
3-bed apartment, Jewellery Quarter · Ref 2937
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
4.6%
Cashflow / mo
-308
10-yr return
98%
Net cashflow / mo
-308
GBP · after debt service & taxes
Cap rate
4.6%
NOI ÷ asking price
Cash-on-cash
-3.8%
Year-1 cashflow ÷ cash-in
10-yr total return
98%
7.1% annualised
💼 Acquisition
Asking price
284800 GBP
Down payment (30%)
85440 GBP
Acquisition fees (4.0%)
11392 GBP
Mortgage principal
199360 GBP
Total cash-in at close
96832 GBP
🏦 Financing
Loan amount
199360 GBP
Mortgage rate
5.20%
Term
25 years
Monthly payment
1189 GBP
Annual debt service
14265 GBP
📊 Year-1 operating P&L
Gross rent
+16518
Operating costs (20%)
−3304
Net operating income (NOI)
13215
− Debt service
−14265
− Income tax (20%)
−2643
Net cashflow
-3694 GBP
📈 10-year projection
2.5% capital appreciation /yr| Year | Gross rent | Opex | Net cashflow | Property value | Equity |
|---|---|---|---|---|---|
| Y1 | 16518 | 3304 | -3694 | 291920 | 96553 |
| Y2 | 16931 | 3386 | -3429 | 299218 | 108057 |
| Y3 | 17355 | 3471 | -3158 | 306698 | 119967 |
| Y4 | 17789 | 3558 | -2881 | 314366 | 132300 |
| Y5 | 18233 | 3647 | -2596 | 322225 | 145073 |
| Y6 | 18689 | 3738 | -2304 | 330281 | 158304 |
| Y7 | 19156 | 3831 | -2005 | 338538 | 172013 |
| Y8 | 19635 | 3927 | -1699 | 347001 | 186218 |
| Y9 | 20126 | 4025 | -1385 | 355676 | 200940 |
| Y10 | 20629 | 4126 | -1063 | 364568 | 216202 |
| Σ 10y | Cumulative net cashflow | -24215 | Equity at exit | 216202 | |
Modelling assumptions
- Country baseline: GB — operating costs 20% of gross rent, income tax 20%, capital appreciation 2.5%/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.