Country-aware · Mortgage · Taxes · Cashflow · Appreciation
Underwrite the deal on
Underwrite the deal on
Family home, Albufeira
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
-537
10-yr return
119%
Net cashflow / mo
-537
EUR · after debt service & taxes
Cap rate
5.3%
NOI ÷ asking price
Cash-on-cash
-1.7%
Year-1 cashflow ÷ cash-in
10-yr total return
119%
8.2% annualised
💼 Acquisition
Asking price
974100 EUR
Down payment (30%)
292230 EUR
Acquisition fees (8.0%)
77928 EUR
Mortgage principal
681870 EUR
Total cash-in at close
370158 EUR
🏦 Financing
Loan amount
681870 EUR
Mortgage rate
4.10%
Term
25 years
Monthly payment
3637 EUR
Annual debt service
43643 EUR
📊 Year-1 operating P&L
Gross rent
+66239
Operating costs (22%)
−14573
Net operating income (NOI)
51666
− Debt service
−43643
− Income tax (28%)
−14467
Net cashflow
-6443 EUR
📈 10-year projection
3.0% capital appreciation /yr| Year | Gross rent | Opex | Net cashflow | Property value | Equity |
|---|---|---|---|---|---|
| Y1 | 66239 | 14573 | -6443 | 1003323 | 337437 |
| Y2 | 68226 | 15010 | -5327 | 1033423 | 384190 |
| Y3 | 70273 | 15460 | -4178 | 1064425 | 432540 |
| Y4 | 72381 | 15924 | -2994 | 1096358 | 482546 |
| Y5 | 74552 | 16402 | -1774 | 1129249 | 534264 |
| Y6 | 76789 | 16894 | -518 | 1163126 | 587756 |
| Y7 | 79093 | 17400 | 775 | 1198020 | 643084 |
| Y8 | 81465 | 17922 | 2108 | 1233961 | 700313 |
| Y9 | 83909 | 18460 | 3480 | 1270980 | 759508 |
| Y10 | 86427 | 19014 | 4894 | 1309109 | 820741 |
| Σ 10y | Cumulative net cashflow | -9977 | Equity at exit | 820741 | |
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.