Budgeting

All program data is entered into an Assumptions screen. Describe any income-producing project in detail, from the ground up: land, hard costs, soft costs, financing, leasing, operation and resale. From this information the program produces a four-page report. The first page states general information about a project and its financing. The second page summarized architectural and engineering information, land, development and lease-up. The third page details construction and site costs, and recaps the total project cost. The fourth page presents a projected income-and-expense statement for the first full year of operation after lease-up. This page also includes estimated resale, with cap-rate calculation