All Topics / General Property / Anyone interested in a 30% MDC IRR 36%?

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  • Profile photo of MosicLandscapesMosicLandscapes
    Member
    @mosiclandscapes
    Join Date: 2010
    Post Count: 73
    October 14, 2010 - 3:34 am

    Hey all, have found a rocking deal with bottom line figures of MDC: 30% and IRR: 36%. These figures were done with feastudy and with the Carly Crutchfield excel program. Looking at a profit of around $728,000. Anyone interested?

    The DA is already approved for a 9 lot subdivision, this is a very straightforward, clean deal. It's located in Vic and I would be happy to jump on board as project manager – my asking rate at the moment is 25%.

    Please pm me if interested.

    Profile photo of TerrywTerryw
    Participant
    @terryw
    Join Date: 2001
    Post Count: 16,213
    October 14, 2010 - 3:41 am

    Whats an MDC?

    Terryw | Structuring Lawyers Pty Ltd / Loan Structuring Pty Ltd
    http://www.Structuring.com.au
    Email Me

    Lawyer, Mortgage Broker and Tax Advisor (Sydney based but advising Aust wide) http://www.Structuring.com.au

    Profile photo of MosicLandscapesMosicLandscapes
    Member
    @mosiclandscapes
    Join Date: 2010
    Post Count: 73
    October 14, 2010 - 4:32 am

    Margin on development cost

    Profile photo of TerrywTerryw
    Participant
    @terryw
    Join Date: 2001
    Post Count: 16,213
    October 14, 2010 - 4:40 am

    thanks

    Terryw | Structuring Lawyers Pty Ltd / Loan Structuring Pty Ltd
    http://www.Structuring.com.au
    Email Me

    Lawyer, Mortgage Broker and Tax Advisor (Sydney based but advising Aust wide) http://www.Structuring.com.au

Viewing 4 posts - 1 through 4 (of 4 total)

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