Country-aware · Mortgage · Taxes · Cashflow · Appreciation
Underwrite the deal on
Underwrite the deal on
Class-A office floor, Kreis 1
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
2.3%
Cashflow / mo
-5539
10-yr return
50%
Net cashflow / mo
-5539
CHF · after debt service & taxes
Cap rate
2.3%
NOI ÷ asking price
Cash-on-cash
-5.7%
Year-1 cashflow ÷ cash-in
10-yr total return
50%
4.2% annualised
💼 Acquisition
Asking price
3434300 CHF
Down payment (30%)
1030290 CHF
Acquisition fees (4.0%)
137372 CHF
Mortgage principal
2404010 CHF
Total cash-in at close
1167662 CHF
🏦 Financing
Loan amount
2404010 CHF
Mortgage rate
2.40%
Term
25 years
Monthly payment
10664 CHF
Annual debt service
127969 CHF
📊 Year-1 operating P&L
Gross rent
+96160
Operating costs (18%)
−17309
Net operating income (NOI)
78852
− Debt service
−127969
− Income tax (22%)
−17347
Net cashflow
-66465 CHF
📈 10-year projection
1.5% capital appreciation /yr| Year | Gross rent | Opex | Net cashflow | Property value | Equity |
|---|---|---|---|---|---|
| Y1 | 96160 | 17309 | -66465 | 3485815 | 1152856 |
| Y2 | 97603 | 17569 | -65543 | 3538102 | 1277919 |
| Y3 | 99067 | 17832 | -64606 | 3591173 | 1405532 |
| Y4 | 100553 | 18100 | -63656 | 3645041 | 1535750 |
| Y5 | 102061 | 18371 | -62691 | 3699716 | 1668628 |
| Y6 | 103592 | 18647 | -61712 | 3755212 | 1804225 |
| Y7 | 105146 | 18926 | -60718 | 3811540 | 1942597 |
| Y8 | 106723 | 19210 | -59709 | 3868713 | 2083805 |
| Y9 | 108324 | 19498 | -58685 | 3926744 | 2227910 |
| Y10 | 109949 | 19791 | -57646 | 3985645 | 2374975 |
| Σ 10y | Cumulative net cashflow | -621432 | Equity at exit | 2374975 | |
Modelling assumptions
- Country baseline: CH — operating costs 18% of gross rent, income tax 22%, capital appreciation 1.5%/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.