Country-aware · Mortgage · Taxes · Cashflow · Appreciation
Underwrite the deal on
Underwrite the deal on
Class-A office floor, 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
229
10-yr return
209%
Net cashflow / mo
229
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
646500 AED
Down payment (30%)
193950 AED
Acquisition fees (6.0%)
38790 AED
Mortgage principal
452550 AED
Total cash-in at close
232740 AED
🏦 Financing
Loan amount
452550 AED
Mortgage rate
4.99%
Term
25 years
Monthly payment
2643 AED
Annual debt service
31715 AED
📊 Year-1 operating P&L
Gross rent
+42023
Operating costs (18%)
−7564
Net operating income (NOI)
34458
− Debt service
−31715
− Income tax (0%)
−0
Net cashflow
2743 AED
📈 10-year projection
4.0% capital appreciation /yr| Year | Gross rent | Opex | Net cashflow | Property value | Equity |
|---|---|---|---|---|---|
| Y1 | 42023 | 7564 | 2743 | 672360 | 229155 |
| Y2 | 43703 | 7867 | 4122 | 699254 | 265871 |
| Y3 | 45452 | 8181 | 5555 | 727225 | 304164 |
| Y4 | 47270 | 8509 | 7046 | 756314 | 344104 |
| Y5 | 49160 | 8849 | 8596 | 786566 | 385760 |
| Y6 | 51127 | 9203 | 10209 | 818029 | 429210 |
| Y7 | 53172 | 9571 | 11886 | 850750 | 474529 |
| Y8 | 55299 | 9954 | 13630 | 884780 | 521801 |
| Y9 | 57511 | 10352 | 15444 | 920171 | 571110 |
| Y10 | 59811 | 10766 | 17330 | 956978 | 622546 |
| Σ 10y | Cumulative net cashflow | 96561 | Equity at exit | 622546 | |
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.