Country-aware · Mortgage · Taxes · Cashflow · Appreciation
Underwrite the deal on
Underwrite the deal on
Boutique office space, District 16 · Ref 8791
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
1216
10-yr return
280%
Net cashflow / mo
1216
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
570800 AED
Down payment (30%)
171240 AED
Acquisition fees (6.0%)
34248 AED
Mortgage principal
399560 AED
Total cash-in at close
205488 AED
🏦 Financing
Loan amount
399560 AED
Mortgage rate
4.99%
Term
25 years
Monthly payment
2333 AED
Annual debt service
28002 AED
📊 Year-1 operating P&L
Gross rent
+51943
Operating costs (18%)
−9350
Net operating income (NOI)
42593
− Debt service
−28002
− Income tax (0%)
−0
Net cashflow
14592 AED
📈 10-year projection
4.0% capital appreciation /yr| Year | Gross rent | Opex | Net cashflow | Property value | Equity |
|---|---|---|---|---|---|
| Y1 | 51943 | 9350 | 14592 | 593632 | 202322 |
| Y2 | 54021 | 9724 | 16295 | 617377 | 234739 |
| Y3 | 56181 | 10113 | 18067 | 642072 | 268549 |
| Y4 | 58429 | 10517 | 19910 | 667755 | 303812 |
| Y5 | 60766 | 10938 | 21826 | 694465 | 340591 |
| Y6 | 63196 | 11375 | 23819 | 722244 | 378953 |
| Y7 | 65724 | 11830 | 25892 | 751134 | 418966 |
| Y8 | 68353 | 12304 | 28048 | 781179 | 460703 |
| Y9 | 71087 | 12796 | 30290 | 812426 | 504238 |
| Y10 | 73931 | 13308 | 32622 | 844923 | 549651 |
| Σ 10y | Cumulative net cashflow | 231362 | Equity at exit | 549651 | |
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.