Land and development
Carry, build, stabilize, exit
There is no rent roll yet, so the model starts from the budget. Construction cost, carry, and the draw schedule run into lease-up absorption, stabilization, and an exit.
From dirt to stabilized value
Carry and construction cost draw down on the schedule you set. Lease-up absorbs over time, the stabilized NOI capitalizes at exit, and profit and margin fall out against total project cost.
- Construction budget and carry
- Lease-up absorption to stabilization
- Development profit and margin on total cost
Total cost
$41.5M
Stabilized value
$52.8M
Profit margin
27%
Keep exploring
Underwrite your next deal in Altyst
Bring the documents you already have.