answer following questions 48

you need to study market analysis document I will attach once selected

Answer these questions:

  • Estimate land, development and construction costs
  • Are there recent sales that help indicate value?
  • Estimate NOI (rent, expenses, property tax)
  • What other costs are there? (commissions)
  • Prepare and income statement to show the revenues vs costs.
  • How long will the development take and will there be a lease up period?
  • How will you finance?
  • What is your required return?
  • Are there any other financial considerations?
  • Is this investment financially feasible?

Development Proposal/Conclusion:

Circle back to your market analysis.

Did any assumptions change?

What do you plan to build and why?

Do you recommend this project?