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The Numbers 1
The Numbers 1
Land Cost # of Units Unit Cost Total Unit Cost Site Improvement Closing Taxes Buy (Land ) Closing Cost Buy (Home) Closing Cost Sell Closing Costs Per Unit Sale Projected Sale Income Gross Profit Operations Net Profit Return Dollars ROI Total Pay-Back $200,000 8 $33,600 $58,600 $40,000 $2,020 $350 $2,020 $0 $20,084 $125,000 $1,000,000 $420,746 $105,186 $315,559 $315,559 105.19% $615,559
Assumptions Purchase Land ? Yes Land Purchase $200,000 Construction Time 6.00 # of Units 8.00 Width (Meters) 4.20 Length (Meters) 20.00 Floors 2.00 Total Sq Meters 168.00 Per Meter Cost $200 Total Sq Feet 2,152 Per Square Footage Cost $18.58 Build Per Unit Cost $33,600 Unit Cost Total $268,800 Expenses Site Improvement $40,000 Taxes $350 Buy (Land ) Closing Cost $2,020 Buy (Home) Closing Cost $0 Sell Closing Costs $20,084 Fixed Costs $48,000.00 Cost $579,254 Income Per Unit Sale $125,000 Projected Sale Income $1,000,000 Gross Profit $420,746 CIO Expenses $105,186 Net $315,559 Pay Out Return Dollars Investment Dollars ROI Pay Back
Taxation Land Houses Total Cost 80% 4,000 Per Unit # Units Tax Base Annual Tax US Dollars
Who / What Service Fee Title Certificate Legal Fees Agents Commission Transfer Tax (officially 4%) Cadastral Transfer Fee Stamp Duty Costs paid by buyer Costs paid by seller ROUNDTRIP TRANSCOSTS A Cal Number Buy Side Home Cadastral office Title Certificate Legal Fees Paid Fees Quick Entry Initial Investment Needed Land Purchase Construction Time # of Units Floors Site Improvement Per Unit Sale
Amount US$1,000 US$20 0.2% - 0.5% 0.2% - 0.5% 3% 1.5%-2% US$83 US$1.19 0.2% - 1% 4.7% - 5.5% 4.9% - 6.5% $10.76
Buy Side Land Cadastral office Title Certificate Legal Fees Paid Fees Sell Side Legal Fees Agent Comm. Cadastral Xfer Fee Stamp Duty Paid Fees
# of Unit # of Months Salaries T Salaries Over Head T Overhead Fixed Costs Percentage