dev-proforma-engine

To build a CRE development pro forma, you need to input parameters like product type, land cost, hard cost budget, construction duration, absorption rate, and stabilized rents. This generates a full development pro forma including a monthly draw schedule, lease-up cash flows, and stabilized NOI.

A monthly construction draw schedule requires inputs such as product_type, unit_count_or_sf, land_cost, hard_cost_budget, and construction_duration_months. The model applies compounding interest on drawn balances to produce accurate monthly cash flow projections.

Yes, you can run scenario analysis and obtain a go/no-go decision for a commercial real estate development project. The model outputs a green/yellow/red decision framework alongside sensitivity analysis based on your stabilized cap rate, vacancy rate, and expense inputs.

Yes, this development modeling tool supports ground-up multifamily, office, industrial, and mixed-use projects. It calculates absorption-based lease-up cash flows and development spread analysis tailored to the specific product type you specify in the inputs.

An absorption-based lease-up model calculates stabilized NOI by applying your starting rents and absorption rate to the lease-up period, then transitioning to stabilized rents, vacancy rates, and expenses. This outputs the final stabilized net operating income used for development spread analysis.

The best way to calculate total development cost and development spread is by inputting your land cost, hard cost budget, and stabilized cap rate into a development pro forma engine. It produces a detailed TDC budget and analyzes the spread between yield and capital costs.