Country-aware · Mortgage · Taxes · Cashflow · Appreciation
Underwrite the deal on
Underwrite the deal on
Family home, Foz do Douro
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
4.8%
Cashflow / mo
-274
10-yr return
107%
Net cashflow / mo
-274
EUR · after debt service & taxes
Cap rate
4.8%
NOI ÷ asking price
Cash-on-cash
-2.8%
Year-1 cashflow ÷ cash-in
10-yr total return
107%
7.6% annualised
💼 Acquisition
Asking price
312300 EUR
Down payment (30%)
93690 EUR
Acquisition fees (8.0%)
24984 EUR
Mortgage principal
218610 EUR
Total cash-in at close
118674 EUR
🏦 Financing
Loan amount
218610 EUR
Mortgage rate
4.10%
Term
25 years
Monthly payment
1166 EUR
Annual debt service
13992 EUR
📊 Year-1 operating P&L
Gross rent
+19050
Operating costs (22%)
−4191
Net operating income (NOI)
14859
− Debt service
−13992
− Income tax (28%)
−4161
Net cashflow
-3293 EUR
📈 10-year projection
3.0% capital appreciation /yr| Year | Gross rent | Opex | Net cashflow | Property value | Equity |
|---|---|---|---|---|---|
| Y1 | 19050 | 4191 | -3293 | 321669 | 108184 |
| Y2 | 19622 | 4317 | -2973 | 331319 | 123173 |
| Y3 | 20210 | 4446 | -2642 | 341259 | 138674 |
| Y4 | 20817 | 4580 | -2301 | 351496 | 154706 |
| Y5 | 21441 | 4717 | -1951 | 362041 | 171287 |
| Y6 | 22085 | 4859 | -1589 | 372903 | 188437 |
| Y7 | 22747 | 5004 | -1217 | 384090 | 206175 |
| Y8 | 23429 | 5154 | -834 | 395612 | 224523 |
| Y9 | 24132 | 5309 | -439 | 407481 | 243501 |
| Y10 | 24856 | 5468 | -33 | 419705 | 263133 |
| Σ 10y | Cumulative net cashflow | -17273 | Equity at exit | 263133 | |
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.