New Home Proforma

[David Jacques]

I put this together tonight to help shed some light on home construction proformas. This is setup as an all cash transaction but if there is interest, I can retool it for bank debt and/or joint venture. I kept it pretty simple and straightforward. Anything in yellow can be changed, everything else is locked.

This assumes purchasing raw lots, performing some entitlement work, developing the ground and then building homes. There are a number of ways to build these in excel- I prefer my method using dates so I can visually see when cash flows are going out and coming in. I haven't given it a thorough shakedown but everything should be automated if you increase or decrease lots.

https://drive.google.com/file/d/0BxA2MyzJgUt5a0R5R2RmbmItR0U/edit?usp=sharing