Country-aware · Mortgage · Taxes · Cashflow · Appreciation
Underwrite the deal on
Underwrite the deal on
Family villa with pool, Bastille
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
2.7%
Cashflow / mo
-3907
10-yr return
32%
Net cashflow / mo
-3907
EUR · after debt service & taxes
Cap rate
2.7%
NOI ÷ asking price
Cash-on-cash
-6.5%
Year-1 cashflow ÷ cash-in
10-yr total return
32%
2.8% annualised
💼 Acquisition
Asking price
1927300 EUR
Down payment (30%)
578190 EUR
Acquisition fees (7.5%)
144548 EUR
Mortgage principal
1349110 EUR
Total cash-in at close
722738 EUR
🏦 Financing
Loan amount
1349110 EUR
Mortgage rate
4.10%
Term
25 years
Monthly payment
7196 EUR
Annual debt service
86350 EUR
📊 Year-1 operating P&L
Gross rent
+67456
Operating costs (22%)
−14840
Net operating income (NOI)
52615
− Debt service
−86350
− Income tax (25%)
−13154
Net cashflow
-46888 EUR
📈 10-year projection
2.0% capital appreciation /yr| Year | Gross rent | Opex | Net cashflow | Property value | Equity |
|---|---|---|---|---|---|
| Y1 | 67456 | 14840 | -46888 | 1965846 | 648362 |
| Y2 | 68805 | 15137 | -46099 | 2005163 | 720626 |
| Y3 | 70181 | 15440 | -45294 | 2045266 | 795053 |
| Y4 | 71584 | 15749 | -44473 | 2086172 | 871717 |
| Y5 | 73016 | 16064 | -43635 | 2127895 | 950692 |
| Y6 | 74476 | 16385 | -42781 | 2170453 | 1032058 |
| Y7 | 75966 | 16712 | -41910 | 2213862 | 1115897 |
| Y8 | 77485 | 17047 | -41021 | 2258139 | 1202292 |
| Y9 | 79035 | 17388 | -40114 | 2303302 | 1291334 |
| Y10 | 80616 | 17735 | -39190 | 2349368 | 1383111 |
| Σ 10y | Cumulative net cashflow | -431404 | Equity at exit | 1383111 | |
Modelling assumptions
- Country baseline: FR — operating costs 22% of gross rent, income tax 25%, capital appreciation 2.0%/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.