Joint Venture Project along Joseph Kangethe road, off Ngong Road, Nairobi.
| 2 bedrm units @ 110m2 each.kes 11m sale price. | ||
| Cost Item |
Kshs |
% |
| Land |
55,000,000.00 |
34.47843531 |
| Preliminary |
400,000.00 |
0.250752257 |
| Construction |
77,000,000.00 |
48.26980943 |
| External Works |
3,850,000.00 |
2.413490471 |
| Contingency |
1,540,000.00 |
0.965396189 |
| Professional fees |
3,850,000.00 |
2.413490471 |
| Project Management fees |
770,000.00 |
0.482698094 |
| Marketing |
3,250,000.00 |
2.037362086 |
| Financial Charges |
13,860,000.00 |
8.688565697 |
| Total |
159,520,000.00 |
100 |
| Financing Plan |
Kshs |
% |
| Developer |
82,520,000.00 |
51.73019057 |
|
0.00 |
0 |
|
| Debt Finance |
77,000,000.00 |
48.26980943 |
| Presales |
22,000,000.00 |
13.79137412 |
| Total |
159,520,000.00 |
113.7913741 |
| PROFIT | ||
| TOTAL SALES FOR 20 UNITS |
220,000,000.00 |
|
| TOTAL EXPENDITURE |
159,520,000.00 |
|
| NET PROFIT |
60,480,000.00 |
|
| % Profit Margin |
37.91374122 |
|
| Take home ammount. |
115,480,000.00 |
|
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