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03/12/2019 (2)
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03/12/2019 (2)
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Last modified
12/31/2019 12:03:42 PM
Creation date
4/17/2019 2:30:48 PM
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Meetings
Meeting Type
BCC Regular Meeting
Document Type
Agenda Packet
Meeting Date
03/12/2019
Meeting Body
Board of County Commissioners
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Hoar much profit does the average property <br />d eveloper Make on a property development? <br />tayteyoutrielt_thi popular Internethur4?, <br />:this free tool applies cyerxnl'mno code on the Internet to your cart — and it's,pretty <br />atWerome. <br />4 Answers <br />$teNsp,l„hga?ler, Property Developweul li:pert 39 Years F .epetieaCe (198r, -present) <br />A•'swe'ed Jan 27 2018 <br />Do you.mean the property development company annually as a percentage of revenue, <br />of cost, of turnover or some other measure? <br />Project bascd gross profits vary depending on the risk attached to the project. Gross <br />profit on my projects allow for company overheads, risk margin and profitmargin.. <br />-On small projects' With short timeframes and "reasonable"risk profiles i use 25%return <br />on cost as My basis. On lar;et projects With extended pericids of time (where risk is <br />greater) I look for -better than -25% ranee, on eost'for the -project. - <br />Now let's consider what the company actually gets as a rcttirn on its invcstmcnt into n <br />project. <br />Let's say it is a project with ytoom cost and $25m -gross margin (ie revenges are bt25tn) <br />upon completion and it took 2 years to complete. Operating coyts (overheads) ware S$m <br />therefore protrt7rom the project w;is 20 (or 20%). <br />To do this project lets::ay.i had to injnet S4oni in equity. That means I made $2o.n'on <br />my 44oin in 2 years -(55% h'inrn in total and 25% perannum ). <br />77 <br />
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