|
Sound property
acquisition
and building decisions are based on information - not guesswork.
De La Guardia Group
provides owners and investors with the staff and
expertise to effectively analyze their project
and give the answers that will help them meet
their objectives.
|
ITEM
|
FACTOR
|
PER
UNIT
|
TOTALS
|
|
Raw
Land
|
|
1,000,000
|
$ 1,000,000
|
|
Total
Construction Area / Total Units
|
1,625 S.F.
|
120
|
120
|
|
Total
Selling Area
|
1,250
|
|
|
|
Average
Selling Price
|
$ 125
|
$
156,250
|
$
156,250
|
|
Total
Sales
|
S.
F. Costs
|
18,750,000
|
$ 18,750,000
|
|
Raw
Land Cost
|
5.13
|
8,333
|
1,000,000
|
|
Off
Site Cost
|
1.50
|
2,438
|
292,500
|
|
Site
Cost
|
10.00
|
16,250
|
1,950,000
|
|
Construction Cost
|
40.00
|
65,000
|
7,800,000
|
|
Recreational
& Security Areas
|
1.50
|
2,438
|
292,500
|
|
Hard
Cost Contingencies
|
2.65
|
4,306
|
516,750
|
|
Soft
Cost
|
16.08
|
26,128
|
3,135,317
|
|
Financing
Cost
|
2.24
|
3,635
|
436,216
|
|
|
|
|
|
|
Total
Costs
|
$79.09
|
$ 128,527
|
$ 15,423,283
|
|
Expected
Profit Before Taxes
|
|
|
$ 3,326,717
|
|
|
|
|
|
|
Balance To
|
|
ITEM
|
COSTS
|
EQUITY
|
LOAN
|
First
Draw
|
Distribute
|
|
Raw
land
|
1,000,000
|
1,000,000
|
0
|
0
|
0
|
|
Hard
costs
|
10,851,750
|
1,085,175
|
9,766,575
|
0
|
9,766,575
|
|
Soft
costs
|
3,135,317
|
1,154,971
|
1,980,346
|
575,492
|
1,404,854
|
|
Financing
costs
|
436,216
|
0
|
436,216
|
140,963
|
295,253
|
|
|
|
|
|
|
|
Total
Balance
|
15,423,283
|
3,240,146
|
12,183,137
|
716,455
|
11,466,682
|
|
Total
Loan Amount |
|
$
12,183,137
|
|
Maximum
Loan Balance |
|
$
5,828,550 |
|
Loan
To Cost Ratio |
|
78.99% |
|
Loan
To Value Ratio |
|
64.97% |
|
Financing
Interest Rate |
|
7.00%
|
|
Total
Construction Area / Per unit |
|
1,625 |
|
Total
Selling Area / Per unit |
|
1,250 |
Our project
feasibility studies services include:
|
R |
Definition
and evaluation of customer needs. |
|
R |
Interim
loan cash flow presentation. |
|
R |
Preliminary
costs and budget establishment. |
|
R |
Projected
units delivery and loan amortization. |
|
R |
Cash
flow analysis. |
|
|
|
|
