Country-aware · Mortgage · Taxes · Cashflow · Appreciation
Underwrite the deal on
Underwrite the deal on
Renovated 1-bedroom flat overlooking JBR · Ref 8134
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
6.4%
Cashflow / mo
621
10-yr return
245%
Net cashflow / mo
621
AED · after debt service & taxes
Cap rate
6.4%
NOI ÷ asking price
Cash-on-cash
4.1%
Year-1 cashflow ÷ cash-in
10-yr total return
245%
13.2% annualised
💼 Acquisition
Asking price
500100 AED
Down payment (30%)
150030 AED
Acquisition fees (6.0%)
30006 AED
Mortgage principal
350070 AED
Total cash-in at close
180036 AED
🏦 Financing
Loan amount
350070 AED
Mortgage rate
4.99%
Term
25 years
Monthly payment
2044 AED
Annual debt service
24533 AED
📊 Year-1 operating P&L
Gross rent
+39008
Operating costs (18%)
−7021
Net operating income (NOI)
31986
− Debt service
−24533
− Income tax (0%)
−0
Net cashflow
7453 AED
📈 10-year projection
4.0% capital appreciation /yr| Year | Gross rent | Opex | Net cashflow | Property value | Equity |
|---|---|---|---|---|---|
| Y1 | 39008 | 7021 | 7453 | 520104 | 177263 |
| Y2 | 40568 | 7302 | 8733 | 540908 | 205664 |
| Y3 | 42191 | 7594 | 10063 | 562544 | 235286 |
| Y4 | 43878 | 7898 | 11447 | 585046 | 266181 |
| Y5 | 45634 | 8214 | 12886 | 608448 | 298405 |
| Y6 | 47459 | 8543 | 14383 | 632786 | 332015 |
| Y7 | 49357 | 8884 | 15940 | 658097 | 367072 |
| Y8 | 51332 | 9240 | 17559 | 684421 | 403639 |
| Y9 | 53385 | 9609 | 19242 | 711798 | 441782 |
| Y10 | 55520 | 9994 | 20993 | 740270 | 481570 |
| Σ 10y | Cumulative net cashflow | 138700 | Equity at exit | 481570 | |
Modelling assumptions
- Country baseline: AE — operating costs 18% of gross rent, income tax 0%, capital appreciation 4.0%/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.