Country-aware · Mortgage · Taxes · Cashflow · Appreciation
Underwrite the deal on
Underwrite the deal on
Bright pied-à-terre in JBR
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
6.4%
Cashflow / mo
554
10-yr return
245%
Net cashflow / mo
554
AED · after debt service & taxes
Cap rate
6.4%
NOI ÷ asking price
Cash-on-cash
4.1%
Year-1 cashflow ÷ cash-in
10-yr total return
245%
13.2% annualised
💼 Acquisition
Asking price
446400 AED
Down payment (30%)
133920 AED
Acquisition fees (6.0%)
26784 AED
Mortgage principal
312480 AED
Total cash-in at close
160704 AED
🏦 Financing
Loan amount
312480 AED
Mortgage rate
4.99%
Term
25 years
Monthly payment
1825 AED
Annual debt service
21899 AED
📊 Year-1 operating P&L
Gross rent
+34819
Operating costs (18%)
−6267
Net operating income (NOI)
28552
− Debt service
−21899
− Income tax (0%)
−0
Net cashflow
6653 AED
📈 10-year projection
4.0% capital appreciation /yr| Year | Gross rent | Opex | Net cashflow | Property value | Equity |
|---|---|---|---|---|---|
| Y1 | 34819 | 6267 | 6653 | 464256 | 158228 |
| Y2 | 36212 | 6518 | 7795 | 482826 | 183580 |
| Y3 | 37660 | 6779 | 8983 | 502139 | 210022 |
| Y4 | 39167 | 7050 | 10218 | 522225 | 237599 |
| Y5 | 40734 | 7332 | 11503 | 543114 | 266363 |
| Y6 | 42363 | 7625 | 12839 | 564838 | 296364 |
| Y7 | 44057 | 7930 | 14228 | 587432 | 327657 |
| Y8 | 45820 | 8248 | 15673 | 610929 | 360297 |
| Y9 | 47652 | 8577 | 17176 | 635366 | 394344 |
| Y10 | 49559 | 8921 | 18739 | 660781 | 429860 |
| Σ 10y | Cumulative net cashflow | 123806 | Equity at exit | 429860 | |
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.