q1 q2 q3 q4 q5 q6

GDV 10%
10% from sale price collected in 5Q 1 690 000

Development cost( Cash Outflow)

Type of Activty
1. Conversion Premium 300000

2. Site Preparation 75000 75000

3. Survvey and subdivision 14800 3700

4. Infrastructure 66100 99150 99150 33050

5.building cost 570000 1140000 2280000

6.professional fees 47583 95166 190332

7.landscaping

8. advertising/promotion 33800 67600 67600

9. project managemant

10.contigencies

Total development Cost( Cash Outflow) 314800 78700 174900 784333 1401916 2503382
q7 q8
90%
15 210 000

33050

1140000 570000

95166 47583

27750 64750

480000

845000

1295966 2007333
 A. Period By Period

Period 1 2 3
Cash inflow
(-) Cash outflow -314800 -78700 -174900
Net Cash flow -314800 -78700 -174900

Capital outsatnding from previous period 0 -314800 -401091

Interest Per Quarter @ 2.41% 0 -7590.99 -9671.78

(10% per annum)
Formula A= ((1+i)^n)-1 ((1+10%)^(1/4))-1
0.0241137
Capital Outstanding -314800 -401091 -585663
 4 5 6 7 8
1 690 000 15 210 000
-784333 -1401916 -2503382 -1295966 -2007333
-784333 288084 -2503382 -1295966 13202667

-14122.49 -33376.2 -27234.3 -88256.8 -121635.46

-1384118 -1129410 -3660027 -5044249 8036782

Less Developer Profit@20% 3380000
Residual Value
PV for 1 year time
site value
Less : Acquisition
MV of site
Interest Until Completion
2.41%
A= (1+2.41%)^(nt-ni) 1.814 1.1536 1.1264 1.0999 1.0741 1.0488
()^(8-1)
1.0241