Real district data · honest expenses · IRR, not just yield

Calculate Your Tbilisi Real Estate Return in 60 Seconds

Model rental income, operating expenses, financing, cash flow and long-horizon returns before you commit capital. Pick a district preset or enter your own deal.

Your assumptions

District preset
Property
60
$95,900
$12,000
$8,000
$1,000

Registration at NAPR runs ~$20–75; the default covers translation, POA and incidentals.

Financing
Rental strategy
$700
95%
Operating costs
8%
$1,150
$300

Rental income tax is applied automatically at Georgia's 5% registered-landlord rate. Occupancy already covers vacancy — no double-counting.

Growth & exit
4.0%
10 yrs
3%

Reference: TBC Capital forecasts +3.2% national price growth for 2026; districts ranged +3.3% to +12.6% in 2025 (Geostat). Capital gains tax is 0% after 2+ years of ownership — reflected automatically.

Results — live

Annual net cash flow
Total investment
Effective annual income
Gross yield (on total investment)
Net yield · NOI ÷ total investment
Net operating income (NOI)
Cash-on-cash return
IRR over 10 years, incl. sale
Projected property value at exit
Wealth projection over the holding period
Property value and cumulative net cash received
Property valueCumulative net cash flow
Note: value path uses your appreciation assumption compounded annually; cash path uses current-year economics held flat. Projections, not promises.
Risk Analysis

Sensitivity — Three Honest Scenarios

The same deal under conservative, expected and optimistic assumptions. If the conservative row still works for you, the deal is robust.

Conservative: rent −15%, occupancy 90%, appreciation 2% · Expected: your inputs · Optimistic: rent +10%, occupancy 98%, appreciation 7%. All other assumptions unchanged.

Your Personalized Analysis

Generate Your Investor Report

A print-ready investment analysis of the exact scenario you just built — assumptions, cash flow, expense breakdown, tax estimates, 10-year projection and market context.

Instant — no waiting for an email. Production version also registers you with our investment desk (WPForms → CRM) and emails a copy.

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