Country-aware · Mortgage · Taxes · Cashflow · Appreciation
Underwrite the deal on
Underwrite the deal on
Townhouse in Albufeira
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
5.3%
Cashflow / mo
-472
10-yr return
119%
Net cashflow / mo
-472
EUR · after debt service & taxes
Cap rate
5.3%
NOI ÷ asking price
Cash-on-cash
-1.7%
Year-1 cashflow ÷ cash-in
10-yr total return
119%
8.2% annualised
💼 Acquisition
Asking price
855900 EUR
Down payment (30%)
256770 EUR
Acquisition fees (8.0%)
68472 EUR
Mortgage principal
599130 EUR
Total cash-in at close
325242 EUR
🏦 Financing
Loan amount
599130 EUR
Mortgage rate
4.10%
Term
25 years
Monthly payment
3196 EUR
Annual debt service
38347 EUR
📊 Year-1 operating P&L
Gross rent
+58201
Operating costs (22%)
−12804
Net operating income (NOI)
45397
− Debt service
−38347
− Income tax (28%)
−12711
Net cashflow
-5661 EUR
📈 10-year projection
3.0% capital appreciation /yr| Year | Gross rent | Opex | Net cashflow | Property value | Equity |
|---|---|---|---|---|---|
| Y1 | 58201 | 12804 | -5661 | 881577 | 296492 |
| Y2 | 59947 | 13188 | -4681 | 908024 | 337571 |
| Y3 | 61746 | 13584 | -3671 | 935265 | 380055 |
| Y4 | 63598 | 13992 | -2631 | 963323 | 423992 |
| Y5 | 65506 | 14411 | -1559 | 992223 | 469435 |
| Y6 | 67471 | 14844 | -455 | 1021989 | 516436 |
| Y7 | 69495 | 15289 | 681 | 1052649 | 565051 |
| Y8 | 71580 | 15748 | 1852 | 1084229 | 615335 |
| Y9 | 73728 | 16220 | 3058 | 1116755 | 667348 |
| Y10 | 75939 | 16707 | 4300 | 1150258 | 721150 |
| Σ 10y | Cumulative net cashflow | -8766 | Equity at exit | 721150 | |
Modelling assumptions
- Country baseline: PT — operating costs 22% of gross rent, income tax 28%, capital appreciation 3.0%/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.