DISK 2 FINANCIAL FEASIBILITY - Renovation Costs & Profitability Property is a business and the best way to determine if a renovation project is economically viable is by conducting an analysis of the expected financial results, known as a Financial Feasibility. The Financial Feasibility is an absolute must for the renovator at all levels and provides answers to: | | What Revenue You Can Expect. | | | What Your Total Expenses Will Be. | | | If You Can Afford To Finance The Entire Project. | | | Will The Venture Earn A Reasonable Profit. | | | Should You Buy The Property Or Not. | Users simply enter inputs (relevant to your individual project) into an easy to use excel spreadsheet. This feasibility is extensive and lists hundreds of costs you can expect to incur on a brick or timber framed renovation project. It calculates your expected project costs and a summary of estimated profitability based on a range of price scenarios. Users can make reasonable assumptions as to the cost of materials and labour on a room by room basis. This product is suitable for anyone undertaking minor cosmetic or major structural renovations. It includes detailed costings (eg: acquisition costs, bank and holding costs, DA & CC costs, construction costs on a room by room basis, resale costs, professional fees, legal, government charges) plus hundreds of other expenses likely to be incurred on the project. VIEW PARTIAL PREVIEW OF THE TEMPLATE (pdf) |