Country-aware · Mortgage · Taxes · Cashflow · Appreciation
Underwrite the deal on
Underwrite the deal on
Penthouse-style apartment, Confluence
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
3.6%
Cashflow / mo
-2658
10-yr return
50%
Net cashflow / mo
-2658
EUR · after debt service & taxes
Cap rate
3.6%
NOI ÷ asking price
Cash-on-cash
-4.8%
Year-1 cashflow ÷ cash-in
10-yr total return
50%
4.2% annualised
💼 Acquisition
Asking price
1782800 EUR
Down payment (30%)
534840 EUR
Acquisition fees (7.5%)
133710 EUR
Mortgage principal
1247960 EUR
Total cash-in at close
668550 EUR
🏦 Financing
Loan amount
1247960 EUR
Mortgage rate
4.10%
Term
25 years
Monthly payment
6656 EUR
Annual debt service
79876 EUR
📊 Year-1 operating P&L
Gross rent
+82009
Operating costs (22%)
−18042
Net operating income (NOI)
63967
− Debt service
−79876
− Income tax (25%)
−15992
Net cashflow
-31900 EUR
📈 10-year projection
2.0% capital appreciation /yr| Year | Gross rent | Opex | Net cashflow | Property value | Equity |
|---|---|---|---|---|---|
| Y1 | 82009 | 18042 | -31900 | 1818456 | 599751 |
| Y2 | 83649 | 18403 | -30941 | 1854825 | 666597 |
| Y3 | 85322 | 18771 | -29962 | 1891922 | 735444 |
| Y4 | 87028 | 19146 | -28964 | 1929760 | 806359 |
| Y5 | 88769 | 19529 | -27946 | 1968355 | 879413 |
| Y6 | 90544 | 19920 | -26907 | 2007722 | 954679 |
| Y7 | 92355 | 20318 | -25848 | 2047877 | 1032232 |
| Y8 | 94202 | 20725 | -24767 | 2088834 | 1112150 |
| Y9 | 96086 | 21139 | -23665 | 2130611 | 1194515 |
| Y10 | 98008 | 21562 | -22541 | 2173223 | 1279412 |
| Σ 10y | Cumulative net cashflow | -273441 | Equity at exit | 1279412 | |
Modelling assumptions
- Country baseline: FR — operating costs 22% of gross rent, income tax 25%, capital appreciation 2.0%/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.