Country-aware · Mortgage · Taxes · Cashflow · Appreciation
Underwrite the deal on
Underwrite the deal on
Class-A office floor, Saadiyat Island · Ref 3109
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
223
10-yr return
209%
Net cashflow / mo
223
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
629900 AED
Down payment (30%)
188970 AED
Acquisition fees (6.0%)
37794 AED
Mortgage principal
440930 AED
Total cash-in at close
226764 AED
🏦 Financing
Loan amount
440930 AED
Mortgage rate
4.99%
Term
25 years
Monthly payment
2575 AED
Annual debt service
30901 AED
📊 Year-1 operating P&L
Gross rent
+40944
Operating costs (18%)
−7370
Net operating income (NOI)
33574
− Debt service
−30901
− Income tax (0%)
−0
Net cashflow
2673 AED
📈 10-year projection
4.0% capital appreciation /yr| Year | Gross rent | Opex | Net cashflow | Property value | Equity |
|---|---|---|---|---|---|
| Y1 | 40944 | 7370 | 2673 | 655096 | 223271 |
| Y2 | 42581 | 7665 | 4016 | 681300 | 259044 |
| Y3 | 44284 | 7971 | 5413 | 708552 | 296354 |
| Y4 | 46056 | 8290 | 6865 | 736894 | 335268 |
| Y5 | 47898 | 8622 | 8376 | 766370 | 375855 |
| Y6 | 49814 | 8967 | 9947 | 797024 | 418189 |
| Y7 | 51807 | 9325 | 11581 | 828905 | 462345 |
| Y8 | 53879 | 9698 | 13280 | 862062 | 508403 |
| Y9 | 56034 | 10086 | 15047 | 896544 | 556446 |
| Y10 | 58275 | 10490 | 16885 | 932406 | 606561 |
| Σ 10y | Cumulative net cashflow | 94081 | Equity at exit | 606561 | |
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.