PLUcide / USABack to report
3911 WESTERN BOULEVARD / RALEIGH / USD

Test the investment.
Keep every assumption visible.

The scenario quantities come from the report geometry. All financial defaults are illustrative analyst inputs, not verified market data. Changes stay in this browser and do not modify the published report.

Other editable cost assumptions
Residual land budgetAfter target margin / before land purchase
Break-even market rentAt the land test price / per month
Unlevered yield on costNOI / total development cost
CalculationAnnual / total USD

How to read the result

A negative residual is a funding gap before land at the stated target margin. It does not mean the existing property has negative market value. This is an unlevered stabilized residual model, not a cash-flow valuation or an IRR.

Operating expenses use one combined ratio including taxes, insurance, management and reserves. Carry and lease-up is a lump-sum allowance. The model excludes separately identified purchase closing costs, tax on profit and extraordinary off-site works. Affordable-rent limits, utilities and unit-size eligibility require verification.

Residual = (NOI / cap rate) / (1 + margin) - non-land development cost. No optimistic value is silently substituted for a negative outcome.