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
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
