Question: A developer pay $ 2 , 0 0 0 , 0 0 0 to purchase a land to develop 4 0 townhouses. The annual interest
A developer pay $ to purchase a land to develop townhouses. The annual interest rate is on the funding financed the land, and the acquisition cost is of the land price. The whole development period from land acquisition to development disposal is months. The construction cost of each townhouse is $ The Infrastructure Cost is $ per townhouse. The consultants' cost is $ and the holding cost is $ The annual interest rate on capital financing the subtotal cost related to construction if is and the construction period is month. The price of each townhouse is $ Sales commission is of the GRV the marketing cost is $ Other selling expenses legal fee is $ per townhouse. The developer needs to pay GST How much is the development profitmargin in dollar amount and percentage?
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