Country-aware · Mortgage · Taxes · Cashflow · Appreciation
Underwrite the deal on
Underwrite the deal on
Bright pied-à-terre in Saadiyat Island
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
240
10-yr return
209%
Net cashflow / mo
240
AED · after debt service & taxes
Cap rate
5.3%
NOI ÷ asking price
Cash-on-cash
1.2%
Year-1 cashflow ÷ cash-in
10-yr total return
209%
11.9% annualised
💼 Acquisition
Asking price
678900 AED
Down payment (30%)
203670 AED
Acquisition fees (6.0%)
40734 AED
Mortgage principal
475230 AED
Total cash-in at close
244404 AED
🏦 Financing
Loan amount
475230 AED
Mortgage rate
4.99%
Term
25 years
Monthly payment
2775 AED
Annual debt service
33305 AED
📊 Year-1 operating P&L
Gross rent
+44129
Operating costs (18%)
−7943
Net operating income (NOI)
36185
− Debt service
−33305
− Income tax (0%)
−0
Net cashflow
2881 AED
📈 10-year projection
4.0% capital appreciation /yr| Year | Gross rent | Opex | Net cashflow | Property value | Equity |
|---|---|---|---|---|---|
| Y1 | 44129 | 7943 | 2881 | 706056 | 240639 |
| Y2 | 45894 | 8261 | 4328 | 734298 | 279195 |
| Y3 | 47729 | 8591 | 5834 | 763670 | 319408 |
| Y4 | 49639 | 8935 | 7399 | 794217 | 361349 |
| Y5 | 51624 | 9292 | 9027 | 825986 | 405093 |
| Y6 | 53689 | 9664 | 10720 | 859025 | 450720 |
| Y7 | 55837 | 10051 | 12481 | 893386 | 498311 |
| Y8 | 58070 | 10453 | 14313 | 929122 | 547952 |
| Y9 | 60393 | 10871 | 16218 | 966286 | 599732 |
| Y10 | 62809 | 11306 | 18199 | 1004938 | 653745 |
| Σ 10y | Cumulative net cashflow | 101400 | Equity at exit | 653745 | |
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.