Country-aware · Mortgage · Taxes · Cashflow · Appreciation
Underwrite the deal on
Underwrite the deal on
Period house 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
-180
10-yr return
119%
Net cashflow / mo
-180
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
327400 EUR
Down payment (30%)
98220 EUR
Acquisition fees (8.0%)
26192 EUR
Mortgage principal
229180 EUR
Total cash-in at close
124412 EUR
🏦 Financing
Loan amount
229180 EUR
Mortgage rate
4.10%
Term
25 years
Monthly payment
1222 EUR
Annual debt service
14669 EUR
📊 Year-1 operating P&L
Gross rent
+22263
Operating costs (22%)
−4898
Net operating income (NOI)
17365
− Debt service
−14669
− Income tax (28%)
−4862
Net cashflow
-2166 EUR
📈 10-year projection
3.0% capital appreciation /yr| Year | Gross rent | Opex | Net cashflow | Property value | Equity |
|---|---|---|---|---|---|
| Y1 | 22263 | 4898 | -2166 | 337222 | 113414 |
| Y2 | 22931 | 5045 | -1791 | 347339 | 129128 |
| Y3 | 23619 | 5196 | -1404 | 357759 | 145379 |
| Y4 | 24328 | 5352 | -1006 | 368492 | 162186 |
| Y5 | 25057 | 5513 | -596 | 379546 | 179569 |
| Y6 | 25809 | 5678 | -174 | 390933 | 197548 |
| Y7 | 26583 | 5848 | 261 | 402661 | 216144 |
| Y8 | 27381 | 6024 | 708 | 414741 | 235379 |
| Y9 | 28202 | 6205 | 1170 | 427183 | 255275 |
| Y10 | 29048 | 6391 | 1645 | 439998 | 275855 |
| Σ 10y | Cumulative net cashflow | -3353 | Equity at exit | 275855 | |
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.