Country-aware · Mortgage · Taxes · Cashflow · Appreciation
Underwrite the deal on
Underwrite the deal on
Townhouse in Foz do Douro
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
4.8%
Cashflow / mo
-600
10-yr return
107%
Net cashflow / mo
-600
EUR · after debt service & taxes
Cap rate
4.8%
NOI ÷ asking price
Cash-on-cash
-2.8%
Year-1 cashflow ÷ cash-in
10-yr total return
107%
7.6% annualised
💼 Acquisition
Asking price
682900 EUR
Down payment (30%)
204870 EUR
Acquisition fees (8.0%)
54632 EUR
Mortgage principal
478030 EUR
Total cash-in at close
259502 EUR
🏦 Financing
Loan amount
478030 EUR
Mortgage rate
4.10%
Term
25 years
Monthly payment
2550 EUR
Annual debt service
30596 EUR
📊 Year-1 operating P&L
Gross rent
+41657
Operating costs (22%)
−9165
Net operating income (NOI)
32492
− Debt service
−30596
− Income tax (28%)
−9098
Net cashflow
-7202 EUR
📈 10-year projection
3.0% capital appreciation /yr| Year | Gross rent | Opex | Net cashflow | Property value | Equity |
|---|---|---|---|---|---|
| Y1 | 41657 | 9165 | -7202 | 703387 | 236563 |
| Y2 | 42907 | 9439 | -6500 | 724489 | 269339 |
| Y3 | 44194 | 9723 | -5777 | 746223 | 303236 |
| Y4 | 45520 | 10014 | -5032 | 768610 | 338292 |
| Y5 | 46885 | 10315 | -4266 | 791668 | 374550 |
| Y6 | 48292 | 10624 | -3476 | 815418 | 412051 |
| Y7 | 49741 | 10943 | -2662 | 839881 | 450839 |
| Y8 | 51233 | 11271 | -1824 | 865077 | 490959 |
| Y9 | 52770 | 11609 | -961 | 891030 | 532459 |
| Y10 | 54353 | 11958 | -72 | 917761 | 575387 |
| Σ 10y | Cumulative net cashflow | -37771 | Equity at exit | 575387 | |
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.