I'm doing a small development of affordable homes. Does anyone have a preferred spreadsheet for construction to sale analysis? Including IRR, ROI, etc.

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Paul Weese, Steamboat Springs Broker and Outdoor Enthusiast (Colorado Group Realty)

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Rainmaker
1,709,215

Joe Pryor

The Virtual Real Estate Team - Oklahoma City, OK

REALTOR® - Oklahoma Investment Properties

It sounds like this is a community for investors. CRS 204 which is education about investment has a spreadsheet for this.

Aug 06, 2018 08:50 AM

Upvote

5

Michael Jacobs

Pasadena, CA
Debe Maxwell, CRS

Charlotte, NC
Ron and Alexandra Seigel

Carpinteria, CA
Kathleen Daniels, Prob...

San Jose, CA
Valeria Mola

Sunny Isles Beach, FL

Rainmaker
974,236

Candice A. Donofrio

Next Wave RE Investments LLC Bullhead City AZ Commercial RE Broker - Fort Mohave, AZ

928-201-4BHC (4242) call/text

www.propertymetrics.com

I use CCIM tools but you need to be an Institute member.
Property Metrics offers decent tools too, though.
NOT free but there is a trial version that may work for your project.

Aug 06, 2018 10:08 AM

Upvote

4

Paul Weese

Steamboat Springs, CO
Michael Jacobs

Pasadena, CA
Debe Maxwell, CRS

Charlotte, NC
Candice A. Donofrio

Fort Mohave, AZ

Rainmaker
1,792,395

Lyn Sims

Schaumburg, IL

Real Estate Broker Retired

Ask Barbara Todaro

Aug 06, 2018 09:54 AM

Upvote

4

Barbara Todaro

Franklin, MA
Candice A. Donofrio

Fort Mohave, AZ
Michael Jacobs

Pasadena, CA
Debe Maxwell, CRS

Charlotte, NC

Rainmaker
2,097,458

Michael J. Perry

KW Elite - Lancaster, PA

Lancaster, PA Relo Specialist

interesting thought . not much affordable New Construction in our area

Aug 06, 2018 08:48 AM

Upvote

4

Michael Jacobs

Pasadena, CA
Debe Maxwell, CRS

Charlotte, NC
Kathleen Daniels, Prob...

San Jose, CA
Valeria Mola

Sunny Isles Beach, FL

Ambassador
1,982,776

Carol Williams

Although I'm retired, I love sharing my knowledge and learning from other real estate industry professionals. - Wenatchee, WA

Retired Agent / Broker / Property Manager

This sounds like a great service to the community. Hope it goes well for you, Paul.

Aug 06, 2018 10:32 AM

Upvote

3

Candice A. Donofrio

Fort Mohave, AZ
Michael Jacobs

Pasadena, CA
Debe Maxwell, CRS

Charlotte, NC

Rainmaker
5,581,880

Barbara Todaro

RE/MAX Executive Realty - Happily Retired - Franklin, MA

Previously Affiliated with The Todaro Team

that was never part of my job description when I listed subdivisions....the closest I had was a 40B and only 25% was affordable....the rest market homes.... my job was marketing; covering the subdivision; and closing buyers....

Aug 06, 2018 09:27 AM

Upvote

3

Candice A. Donofrio

Fort Mohave, AZ
Michael Jacobs

Pasadena, CA
Debe Maxwell, CRS

Charlotte, NC

Ambassador
3,207,042

Kathleen Daniels, Probate & Trust Specialist

KD Realty - 408.972.1822 - San Jose, CA

Probate Real Estate

I do not - John DL Arendsen comes to my mind.

Aug 06, 2018 08:59 AM

Upvote

3

Michael Jacobs

Pasadena, CA
Debe Maxwell, CRS

Charlotte, NC
Kathleen Daniels, Prob...

San Jose, CA

Ambassador
4,750,639

Debe Maxwell, CRS

Savvy + Company (704) 491-3310 - Charlotte, NC

The right Charlotte REALTOR!

What Joe Pryor said. Congratulations on your new development, Paul!

Aug 06, 2018 11:01 AM

Upvote

2

Richard Weeks

Dallas, TX
Michael Jacobs

Pasadena, CA

Rainmaker
4,720,194

Nina Hollander, Broker

Coldwell Banker Realty - Charlotte, NC

Your Greater Charlotte Realtor

Sorry... not quite in my wheelhouse, this kind of project.

Aug 06, 2018 09:06 AM

Upvote

2

Richard Weeks

Dallas, TX
Michael Jacobs

Pasadena, CA

Rainmaker
1,598,280

Valeria Mola

SIB Realty - Miami, Sunny Isles Beach - Sunny Isles Beach, FL

305-607-0709 SIB Realty Condos for Sale and Rent

I wish I had.

Aug 06, 2018 08:59 AM

Upvote

2

Michael Jacobs

Pasadena, CA
Debe Maxwell, CRS

Charlotte, NC

Ambassador
5,957,261

Bob Crane

Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI

Forestland Experts! 715-204-9671

Candice is a smart woman, and the first that I would look to for something like this.

Aug 06, 2018 08:29 PM

Upvote

1

Candice A. Donofrio

Fort Mohave, AZ

Rainmaker
1,455,757

Ryan Huggins - Thousand Oaks, CA

https://HugginsHomes.com - Thousand Oaks, CA

Residential Real Estate and Investment Properties

Looks like Candice A. Donofrio has you covered. Good luck! Out here affordable homes means a loss for the builder.

Aug 06, 2018 02:03 PM

Upvote

1

Candice A. Donofrio

Fort Mohave, AZ

Rainmaker
2,212,001

Anthony Acosta - ALLATLANTACONDOS.COM

Harry Norman, REALTORS® - Atlanta, GA

Associate Broker

I do not, sorry Paul.

Aug 06, 2018 12:13 PM

Upvote

1

Anthony Acosta - ALLAT...

Atlanta, GA

Ambassador
2,630,662

Fred Griffin Florida Real Estate

Fred Griffin Real Estate - Tallahassee, FL

Licensed Florida Real Estate Broker

Candice A. Donofrio has the answer.

Aug 06, 2018 11:42 AM

Upvote

1

Candice A. Donofrio

Fort Mohave, AZ

Rainmaker
4,388,828

Michael Jacobs

Pasadena, CA

Los Angeles Pasadena 818.516.4393

I don't. I would be looking for someone with experience.

Aug 06, 2018 11:08 AM

Upvote

1

Richard Weeks

Dallas, TX

Rainmaker
5,770,641

Ron and Alexandra Seigel

Napa Consultants - Carpinteria, CA

Luxury Real Estate Branding, Marketing & Strategy

Paul,

No doubt your accountant would have something like that. A

Aug 06, 2018 10:14 AM

Upvote

1

Michael Jacobs

Pasadena, CA

Rainmaker
3,986,056

William Feela

WHISPERING PINES REALTY - North Branch, MN

Realtor, Whispering Pines Realty 651-674-5999 No.

I do not but I like the homes prices you will be selling. It is the main market in my area.

Aug 06, 2018 09:34 AM

Upvote

1

Michael Jacobs

Pasadena, CA

Rainmaker
5,543,670

Joan Cox

House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO

Denver Real Estate - Selling One Home at a Time

No, good luck.

Aug 09, 2018 10:37 AM

Upvote

Ambassador
4,318,402

Praful Thakkar

LAER Realty Partners - Andover, MA

Andover, MA: Andover Luxury Homes For Sale

Paul Weese - checing other responses.

Aug 08, 2018 11:22 PM

Upvote

Rainmaker
1,407,893

Thomas J. Nelson, REALTOR ® e-Pro CRS RCS-D Vets

Big Block Realty 858.232.8722 - La Jolla, CA

& Host of Postcards From Success Podcast

Joe Pryor answer

Aug 07, 2018 10:37 PM

Upvote

Rainmaker
4,799,925

Gabe Sanders

Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL

Stuart Florida Real Estate

Sorry, I do not.

Aug 07, 2018 06:02 AM

Upvote

Rainmaker
4,778,974

Wayne Martin

Wayne M Martin - Chicago, IL

Real Estate Broker - Retired

You may want to contact the National Association of Homebuilders for some guidance!

Aug 07, 2018 05:21 AM

Upvote

Rainmaker
2,137,691

Lise Howe

Keller Williams Capital Properties - Washington, DC

Assoc. Broker in DC, MD, VA and attorney in DC

parked and reading - thanks for asking the question

Aug 06, 2018 08:33 PM

Upvote

Ambassador
3,987,776

Debbie Reynolds, C21 Platinum Properties

Platinum Properties- (931)771-9070 - Clarksville, TN

The Dedicated Clarksville TN Realtor-(931)320-6730

Learned this many years ago and now can do it on a legal pad. I took many classes and worked with banks and developers to learn costs and target desired returns. No shortcuts here. You have to know the facts in your area.

Aug 06, 2018 08:16 PM

Upvote

Rainmaker
1,525,455

Sybil Campbell

Fernandina Beach, FL

Referral Agent Amelia Island Florida

You have some good answers.

Aug 06, 2018 04:44 PM

Upvote

Rainmaker
4,433,865

Gita Bantwal

RE/MAX Centre Realtors - Warwick, PA

REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

No.

Aug 06, 2018 12:24 PM

Upvote

Rainmaker
4,523,990

Richard Weeks

Dallas, TX

REALTOR®, Broker

Sure don't

Aug 06, 2018 11:47 AM

Upvote

Rainmaker
7,296,474

Roy Kelley

Retired - Gaithersburg, MD

I hope the answers work for you.

Aug 06, 2018 11:43 AM

Upvote

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It sounds like this is a community for investors. CRS 204 which is education about investment has a spreadsheet for this.
www.propertymetrics.com

I use CCIM tools but you need to be an Institute member.
Property Metrics offers decent tools too, though.
NOT free but there is a trial version that may work for your project.
interesting thought . not much affordable New Construction in our area
This sounds like a great service to the community. Hope it goes well for you, Paul.
that was never part of my job description when I listed subdivisions....the closest I had was a 40B and only 25% was affordable....the rest market homes.... my job was marketing; covering the subdivision; and closing buyers....
What Joe Pryor said. Congratulations on your new development, Paul!
Candice is a smart woman, and the first that I would look to for something like this.
Looks like Candice A. Donofrio has you covered. Good luck! Out here affordable homes means a loss for the builder.
Paul,

No doubt your accountant would have something like that. A
I do not but I like the homes prices you will be selling. It is the main market in my area.
You may want to contact the National Association of Homebuilders for some guidance!
Learned this many years ago and now can do it on a legal pad. I took many classes and worked with banks and developers to learn costs and target desired returns. No shortcuts here. You have to know the facts in your area.