Typical Cedre Project
Project:
Duration:
Overview:
Equity:
Estimated return:
Revenue
Gross sales
Commission
Settlements
Costs
Site
Stamp duty+
DA and Engineering
Management
Fees
Other/compliance/admin
Fixed building contract
Contingency
Marketing
Reports/legals
Funders costs
Hamilton Hill
24 months
Seven (7) green title Townhouses 3x3x2
$ 950,000*
56.5%
3 745 000
82 390
7 000
$ 3 657 220
855 000
35 910
44 000
66 000
22 000
55 000
1 633 333
81 667
16 000
9 620
19 661
$2 837 191
$820 029
$78 613
$741 416
$119 497
$621 919
Total Development Costs:
Margin:
GST:
Total Development Profit:
Finance cost:
Development Profit:
Profit distribution = $621,919/11 = $ 56 538 per $100,000 equity partner equivalent =
56.5% return on equity contribution.