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There are 5 On-Going Projects valued at 31,850,000. The acquisition cost for the land is 2,280,000. The transaction costs, including geotechnical, building plans & permits,
There are 5 On-Going Projects valued at 31,850,000. The acquisition cost for the land is 2,280,000. The transaction costs, including geotechnical, building plans & permits, registry of deeds and municipal documents, taxes, realty taxes, goodwill incentives, and among others, amount to 920,000. The Cost of Construction is 12,500,000. The Cost of Revenue was borrowed from 60% investors and 40% Home Development Mutual Fund. Although both have 6% rate of interest per annum, the payment schedule are distinct. The tenor of payment for HDMF is 25 years while for the investors is 7 years. For the payment that will be made for investors, 2 years will be made monthly with interest only and 5 years will be made monthly with capital and interest. If the monthly potential income of the 5 projects is 240,000 and the monthly expense is 19,200, calculate the monthly Cash Flow of the projects
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