Residential Development models and underwriting tools.

Multifamily Development Model

Underwrite residential development from land acquisition through construction, lease-up, refinancing and exit.

Build-to-Sell Model

Forecast construction spending, unit sales, debt sweep, development profit and equity returns.

Build-to-Rent Development Model

Model a rental community with phased construction, occupancy ramp, operating cash flow and a long-term hold.

Office-to-Residential Conversion Model

Model acquisition, enabling works, residential conversion, lease-up, refinancing and exit.

CONNECTED ANALYSIS

Residential Development calculators

Cost per Unit Calculator

Divide total project cost by the number of completed residential units.

Development Value Calculator

Estimate gross development value from completed units and average sale value.

Development Profit Calculator

Calculate development profit after all land, construction, finance and selling costs.

Leveraged IRR Calculator

Calculate annual equity IRR after debt using equity contributions, distributions and net sale proceeds.

PRACTICAL GUIDES

Understand the metrics behind the model.

Development

How to Build a Real Estate Development Model

A development model converts land, construction, timing, financing and exit assumptions into monthly cash flow and investor returns.

Development

How to Model a Build-to-Sell Project

A build-to-sell model connects construction phasing and unit absorption with sales proceeds, debt sweep and equity distributions.

Valuation

How to Calculate Yield on Cost

Yield on cost compares stabilized annual NOI with the full project cost basis.

Investment Analysis

How to Calculate Development IRR

Development IRR measures the time-adjusted return on equity contributions and distributions over the project programme.