I’m developing a commercial building in a country in West Africa, and would love your insights on its profitability and financing approach.Project Summary:- 950 sqm corner plot under a 40-year ground lease- G+1 commercial building with 36 shops, a prayer room, and rooftop ad panels- Located in the capital's market zone — very high foot traffic- Initial investment: the equivalent of $USD 930,000 in local currency which includes the 10 years of prepaid land rentRevenue & Occupancy:- Annual rental revenue (Year 1): the equivalent of $USD145,000 in local currency- 7% shop rent increase every 5 years- The annual revenue assumes 100% occupancy, which is typically reached within 1–2 years in this area due to high demand and visibilityOperating Expenses:- Recurrent yearly expenses total USD$20,000, covering: Security, maintenance, generator upkeep, insurance, taxes, repairs, and contingencies- Land rent restarts in Year 11 with a 10% increase every 10 yearsFinancing Scenarios:- With loan (USD$550,000 at 7%, over 6 years)   → Break-even in Year 12- All-cash (no loan)   → Break-even in Year 8After breakeven, the project produces pure cash flow for 28–32 years. 

Let’s say you skip staging or hold off on reducing price to meet the market. Now the home sits for 3 extra months.

Here’s what that really costs you:
· $8,250 in added interest (on a $300K loan at 11...

Hey all — just wanted to share some quick thoughts from my experience running a short-term rental here in Chicago and why I think more people should be paying attention to the Midwest.
I’ve been house hacking a 2BR i...

Hi Bigger Pockets Community!
I’ve newly joined our family business in developing commercial buildings and would appreciate your advice if the following potential project is considered as a strong long-term hold.
Pro...

In fact, the chances of foreclosure are greater as the profit potential drops.

I didn't realize there would be zoning restrictions for a non-profit to rent a house.

Also included should be the Percentage of Profit Split (after all parties involved are made whole).

Suppose you have the property, you could do an arbitrage split model with a person looking to arbitrage and split the profits.

The return would be $50K profit per deal in 5 months.

Has anyone figured out how to build multifamily targeted at more modest rental prices and make a decent profit?