How do you calculate the expected profits on a property development scheme?
I am trying to speculate on the profits to be expected from a proposed property development scheme on a spread sheet and would like to devise a formula that calculates the optimum selling price per unit and expected profits. Are there any formula’s that anyone is aware of
The variables I have involved so far are
1. Number of units
2. Overall build cost of the entire project
3. Recommended selling price per unit
Are there any other variables I should consider adding
I am trying to speculate on the profits to be expected from a proposed property development scheme on a spread sheet and would like to devise a formula that calculates the optimum selling price per unit and expected profits. Are there any formula’s that anyone is aware of
The variables I have involved so far are
1. Number of units
2. Overall build cost of the entire project
3. Recommended selling price per unit
Are there any other variables I should consider adding
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