Country-aware · Mortgage · Taxes · Cashflow · Appreciation
Underwrite the deal on
Underwrite the deal on
Boutique office space, District 16
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
863
10-yr return
280%
Net cashflow / mo
863
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
405100 AED
Down payment (30%)
121530 AED
Acquisition fees (6.0%)
24306 AED
Mortgage principal
283570 AED
Total cash-in at close
145836 AED
🏦 Financing
Loan amount
283570 AED
Mortgage rate
4.99%
Term
25 years
Monthly payment
1656 AED
Annual debt service
19873 AED
📊 Year-1 operating P&L
Gross rent
+36864
Operating costs (18%)
−6636
Net operating income (NOI)
30229
− Debt service
−19873
− Income tax (0%)
−0
Net cashflow
10356 AED
📈 10-year projection
4.0% capital appreciation /yr| Year | Gross rent | Opex | Net cashflow | Property value | Equity |
|---|---|---|---|---|---|
| Y1 | 36864 | 6636 | 10356 | 421304 | 143589 |
| Y2 | 38339 | 6901 | 11565 | 438156 | 166596 |
| Y3 | 39872 | 7177 | 12822 | 455682 | 190591 |
| Y4 | 41467 | 7464 | 14130 | 473910 | 215617 |
| Y5 | 43126 | 7763 | 15490 | 492866 | 241719 |
| Y6 | 44851 | 8073 | 16905 | 512581 | 268945 |
| Y7 | 46645 | 8396 | 18376 | 533084 | 297342 |
| Y8 | 48511 | 8732 | 19906 | 554407 | 326963 |
| Y9 | 50451 | 9081 | 21497 | 576584 | 357861 |
| Y10 | 52469 | 9444 | 23152 | 599647 | 390090 |
| Σ 10y | Cumulative net cashflow | 164199 | Equity at exit | 390090 | |
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.