Country-aware · Mortgage · Taxes · Cashflow · Appreciation
Underwrite the deal on
Underwrite the deal on
Boutique office space, District 13
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
7.5%
Cashflow / mo
388
10-yr return
280%
Net cashflow / mo
388
AED · after debt service & taxes
Cap rate
7.5%
NOI ÷ asking price
Cash-on-cash
7.1%
Year-1 cashflow ÷ cash-in
10-yr total return
280%
14.3% annualised
💼 Acquisition
Asking price
182000 AED
Down payment (30%)
54600 AED
Acquisition fees (6.0%)
10920 AED
Mortgage principal
127400 AED
Total cash-in at close
65520 AED
🏦 Financing
Loan amount
127400 AED
Mortgage rate
4.99%
Term
25 years
Monthly payment
744 AED
Annual debt service
8928 AED
📊 Year-1 operating P&L
Gross rent
+16562
Operating costs (18%)
−2981
Net operating income (NOI)
13581
− Debt service
−8928
− Income tax (0%)
−0
Net cashflow
4653 AED
📈 10-year projection
4.0% capital appreciation /yr| Year | Gross rent | Opex | Net cashflow | Property value | Equity |
|---|---|---|---|---|---|
| Y1 | 16562 | 2981 | 4653 | 189280 | 64511 |
| Y2 | 17224 | 3100 | 5196 | 196851 | 74847 |
| Y3 | 17913 | 3224 | 5761 | 204725 | 85627 |
| Y4 | 18630 | 3353 | 6348 | 212914 | 96871 |
| Y5 | 19375 | 3488 | 6959 | 221431 | 108598 |
| Y6 | 20150 | 3627 | 7595 | 230288 | 120829 |
| Y7 | 20956 | 3772 | 8256 | 239500 | 133588 |
| Y8 | 21794 | 3923 | 8943 | 249080 | 146895 |
| Y9 | 22666 | 4080 | 9658 | 259043 | 160777 |
| Y10 | 23573 | 4243 | 10401 | 269404 | 175257 |
| Σ 10y | Cumulative net cashflow | 73770 | Equity at exit | 175257 | |
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.