Development Appraisal
Real Estate Feasibility Tool
Professional development appraisal for faster investment decisions
A professional-grade feasibility engine for developers, analysts, and investment teams who need structured project appraisal, live scenario testing, and board-ready outputs.
Development Feasibility
Westlands Residential Scheme
GDV
KSh3.9B
Cost
KSh3.2B
Profit
KSh521M
IRR
31.2%
Cash Flow and Debt
Monthly capital calls, debt peak, and collections
Deal Score
Solid Deal
70 / 100 score
Hurdles
Capital Stack
Balanced
Customer + Equity + Debt
IRR
Levered returns
RLV
Residual land value
7
Covenant monitor
Report export
Core Capabilities
Everything a professional development model needs
Move from assumptions to investment-grade outputs with a structured feasibility workflow.
Land to Returns Analysis
Model acquisition, statutory costs, construction budgets, revenue, finance costs, profit, IRR, and equity multiple.
Capital Structure Modelling
Structure debt, equity, customer collections, JV participation, drawdowns, and capital calls.
Cash Flow and Draw Schedules
Track monthly project cash flow, debt utilisation, cumulative spend, and self-funding milestones.
Deal Scoring
Use covenant hurdles to evaluate deal quality and flag where restructuring may improve viability.
What-If Sensitivity
Stress-test sales pricing, construction costs, velocity, finance assumptions, and capital strategy.
Professional Reports
Export polished feasibility outputs for lenders, investors, boards, and internal approvals.
Pencil In Action
See it work on a real deal
A residential scheme from first assumptions to the pack that goes to the investment committee. Every screen below is the live model.
01
Does this deal work
One screen answers it: revenue, cost, profit, IRR and equity multiple, with the capital stack auto-balanced. Move the sliders on price, cost or sales pace and every number reprices instantly.
02
What has to change to make it work
Set the return you need and Gap Solver works backwards, telling you the sale price, cost saving or velocity required to get there. No more guessing at inputs until the answer looks right.
03
Accounts your auditor recognises
Not a returns summary: a full income statement, cash flow and balance sheet, with revenue recognised over time under IFRS 15 and a balance check on every period.
04
The pack that goes to the committee
Deal score, covenant tests, capital structure and the full financial statements, exported as one investment committee document. Nothing re-typed, every assumption traceable.
Full appraisal stack
Why choose Feasibility Tool
Structured like an institutional development appraisal
Live calculations across the project model
Scenario testing for stronger investment decisions
Board-ready outputs for approvals and financing discussions