Country-aware · Mortgage · Taxes · Cashflow · Appreciation
Underwrite the deal on
Underwrite the deal on
3-bed apartment, Yas Island
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
192
10-yr return
209%
Net cashflow / mo
192
AED · after debt service & taxes
Cap rate
5.3%
NOI ÷ asking price
Cash-on-cash
1.2%
Year-1 cashflow ÷ cash-in
10-yr total return
209%
11.9% annualised
💼 Acquisition
Asking price
544100 AED
Down payment (30%)
163230 AED
Acquisition fees (6.0%)
32646 AED
Mortgage principal
380870 AED
Total cash-in at close
195876 AED
🏦 Financing
Loan amount
380870 AED
Mortgage rate
4.99%
Term
25 years
Monthly payment
2224 AED
Annual debt service
26692 AED
📊 Year-1 operating P&L
Gross rent
+35367
Operating costs (18%)
−6366
Net operating income (NOI)
29001
− Debt service
−26692
− Income tax (0%)
−0
Net cashflow
2309 AED
📈 10-year projection
4.0% capital appreciation /yr| Year | Gross rent | Opex | Net cashflow | Property value | Equity |
|---|---|---|---|---|---|
| Y1 | 35367 | 6366 | 2309 | 565864 | 192859 |
| Y2 | 36781 | 6621 | 3469 | 588499 | 223759 |
| Y3 | 38252 | 6885 | 4675 | 612039 | 255987 |
| Y4 | 39783 | 7161 | 5930 | 636520 | 289601 |
| Y5 | 41374 | 7447 | 7235 | 661981 | 324659 |
| Y6 | 43029 | 7745 | 8592 | 688460 | 361227 |
| Y7 | 44750 | 8055 | 10003 | 715998 | 399368 |
| Y8 | 46540 | 8377 | 11471 | 744638 | 439152 |
| Y9 | 48402 | 8712 | 12998 | 774424 | 480651 |
| Y10 | 50338 | 9061 | 14585 | 805401 | 523940 |
| Σ 10y | Cumulative net cashflow | 81266 | Equity at exit | 523940 | |
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.