Technology

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

Live Model

GDV

KSh3.9B

Cost

KSh3.2B

Profit

KSh521M

IRR

31.2%

Cash Flow and Debt

Monthly capital calls, debt peak, and collections

Fully funded
4.0B3.0B2.0B1.0B0Peak debtSelf-funding

Deal Score

B+

Solid Deal

70 / 100 score

Hurdles

IRR31.2%
LTC27%
Margin13%

Capital Stack

Balanced

Customer + Equity + Debt

IRR

Levered returns

RLV

Residual land value

7

Covenant monitor

PDF

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.

Platform In Action

The dashboard experience

These are coded interface replicas of the feasibility tool dashboards, showing how the app presents project viability, cash flow, debt, capital structure, and draw schedules.

01

Dashboard Summary

Revenue, costs, net profit, IRR, equity multiple, auto-balanced capital stack, and live stress-test controls on one screen.

Pencil - Dashboard Summary
P! PencilFEASIBILITY ENGINE - BY STREAD

ABCD

Westlands, Nairobi - 280 units - KSh3.9B revenue

Cost: KSh3.2BIRR: 31.2%2.04x

Auto-Balanced (Equity First) Customer KSh2.0B (58.7%) + Equity KSh500.0M (14.8%) -> Debt KSh898.6M (26.6% LTC)

Project generates KSh521M profit at 31.2% IRR on KSh500M peak equity. Marginal - requires restructuring.

Quick Stress Test

Sales Price0%
-10
+10
Hard Costs0%
-10
+10
Sales Velocity0%
-10
+10
B+

Marginal - requires restructuring

5/7 hurdles - Score 70/100

IRR 31.2%   EM 2.04x   Margin 13%

Revenue

KSh3.9B

Total Cost

KSh3.2B

Net Profit

KSh521.4M

Margin

13%

Levered IRR

31.2%

Equity Multiple

2.04x

Revenue to Profit Bridge

Costs 83% (KSh3.2B)Profit 13% (KSh521.4M)

02

Cash Flow and Debt Module

Monthly cash flow, equity draw, debt peak, collections, and self-funding milestones across the project timeline.

Pencil - Cash Flow and Debt

ABCD

Westlands, Nairobi - 280 units - KSh3.9B revenue

Cost: KSh3.2BIRR: 31.2%2.04x

5/7 hurdles passing - marginal - requires restructuring

Funding Status

Fully Funded - 15/15

Monthly Cash Flow and Debt

Monthly cash flow and capital structure

KSh4.0BKSh3.0BKSh2.0BKSh1.0BKSh0M1M7M13M19M25M31M36Peak: KSh850M (28% LTC)Self-Funding M26KSh4.0B
Equity Call Debt Collections Cumulative

03

Capital Structure and Deal Score

Peak equity, peak debt, execution risk, covenant monitor, scored deal rating, and restructuring guidance.

Pencil - Capital Structure and Deal Score

ABCD

Westlands, Nairobi - 280 units - KSh3.9B revenue

Cost: KSh3.2BIRR: 31.2%2.04x

Capital Structure

Peak Equity

KSh500.0M

15% of total uses

Peak Debt

KSh956.3M

27% eff. LTC

Interest Cost

KSh139.2M

15% of peak bal

Loan Fees

KSh19.1M

2% of peak bal

Execution Risk

Sales Velocity

10/mo

255 saleable units

Pre-Sales

50 units

20% of inventory

Sellout Timeline

21mo

Jan 28 - 43mo total

Capital Turnover

2.6x/yr

KSh3.9B rev / KSh500M eq

Covenant Monitor

Levered IRR
31.2%20/25
Equity Multiple
2.04x12/15
Profit Margin
13%5/15
LTC Ratio
27%10/10
Equity Contribution
15%9/10
Sellout Speed
21mo8/15
Funding Status
Fully funded

Deal Score

B+

70

Solid Deal

Commercially viable. Minor optimisation may improve terms.

Levered IRR
31.2%20/25
Equity Multiple
2.04x12/15
Profit Margin
13%5/15
LTC Ratio
27%10/10
Equity Contribution
15%9/10
Sellout Speed
21mo8/15

04

Construction Draw Schedule

S-curve cumulative cost deployment with project milestones and monthly draw categories.

Pencil - Construction Draw Schedule

ABCD

Westlands, Nairobi - 280 units - KSh3.9B revenue

Cost: KSh3.2BIRR: 31.2%2.04x

Capital Call Required - 12 of 36 months

After applying collections and rolling surplus cash forward, the project requires external capital totalling KSh1.4B. Peak call is KSh206M in Jun 27.

First Equity Call

Jan 26

M1 - KSh84M

First Debt Draw

Jun 27

M17 - KSh206M

Peak Capital Call

Jun 27

M17 - KSh206M

Self-Funding From

Mar 28

M26 - surplus reached

Debt starts: Jun 27Debt repaid: Sep 28Collections start: Jun 26Full collection: Apr 29

Construction Draw Schedule

S-curve of cumulative cost deployment showing planned spend against time.

25%

Month 15 - Mar 27

KSh803M spent

50%

Month 18 - Jun 27

KSh1.7B spent

75%

Month 21 - Sep 27

KSh2.4B spent

S-Curve: Cumulative Spend

100%75%50%25%25%50%75%M1M7M13M19M25M31M36

Full appraisal stack

Land acquisition
Unit mix
Construction costs
Professional and statutory fees
Revenue modelling
Development finance
Returns dashboard
Sensitivity analysis
Covenant monitor
PDF reports

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

Schedule Demo