Question: How to derive IRR calculation on excel based on the following information: Total Site Area (m2) 12,245.10 Maximum Site GFA (m2) 68,573 Estimated Commercial Space

How to derive IRR calculation on excel based on the following information:

Total Site Area (m2) 12,245.10
Maximum Site GFA (m2) 68,573
Estimated Commercial Space (m2) 750
Estimated Housing Units 790
Estimated Residential GFA (m2) 61,041
Commercial Construction Cost $2,025,000.00
Residential Construction Cost $ $196,686,700.00
Total Construction Cost $ $198,711,700.00
Total Sale of Residential Units $ $1,839,703,346.50
Total Sale of Commercial $ $33,825,791.37
Total Cash In $ $3,837,853,397.94
Total Cash Out $ $176,632,622.22

Year Cash In (Commercial) Cash In (Residential) Total Sales
0 $1,064,643,140.34 $1,064,643,140.34
1 $14,716,290.11 $837,370,662.95 $852,086,953.06
2 $7,534,740.54 $837,370,662.95 $844,905,403.49
3 $11,574,760.72 $1,064,643,140.34 $1,076,217,901.06
Total $33,825,791.37 $3,804,027,606.57 $3,837,853,397.94

Year Cash Out (Commercial) Cash Out (Residential) Total Cash Out
1 $900,000.00 $87,416,311.11 $88,316,311.11
2 $900,000.00 $87,416,311.11 $88,316,311.11
Total $1,800,000.00 $174,832,622.22 $176,632,622.22

Construction cost of commercial/office $2700/m Construction cost of residential unit $2900/m Construction Duration 2 years Ratio of lettable floor area to gross floor area 0.9 : 1 Residential sale price $2800 per square feet Commercial sale price $3500 per square feet Sale of Residential Flats Time 20% before construction 30% at Year 1 of construction 30% at Year 2 of construction 20% immediately after construction Sale of Commercial Space Time 20% during Year 1 of construction 50% during Year 2 of construction 30% immediately after construction

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