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 Presented by: Stephen DeMatteo  Engineering Technology, Construction  ET- 494 Fall 2014  Advisors: Ed Rode Cris Koutsougeras.

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Presentation on theme: " Presented by: Stephen DeMatteo  Engineering Technology, Construction  ET- 494 Fall 2014  Advisors: Ed Rode Cris Koutsougeras."— Presentation transcript:

1  Presented by: Stephen DeMatteo  Engineering Technology, Construction  ET- 494 Fall 2014  Advisors: Ed Rode Cris Koutsougeras

2  Cost Analysis  Site Survey  Floor Plan and Elevation Drawings

3 Comparable #1 4132 Georgia Ave, Kenner La  Townhome/ 2-Plex  900 sq. ft  2 bed  2 bath Rent Price = $850  $100/sq ft = $180,000  Yearly income = $20,400  Pay off investment = 9 years

4 Comparable #2 4045 Idaho Dr, Kenner La  4-Plex  1,128 sq. ft  2 bed  2 bath Rent Price = $900  $100/sq ft = $451,200  Yearly income = $43,200  Pay off investment = 10.5 years

5 Comparable #3 2916 Tennessee St, Kenner La  4-Plex  1,100 sq. ft  2 bed  1 full bath  1 half bath Rent Price = $850  $ 100/sq ft = $440,000  Yearly income = $40,800  Pay off investment = 11 years

6 My Complex  4-Plex  912 sq. ft  2 bed  1 full bath Rent Price = $1000  $ 100/sq ft = $364,800  Yearly income = $48,000  Pay off investment = 7.5 years  For this project each unit will consist of two bedrooms, one bath, a kitchen, living room, and dining room.  Without going into details of the finishes we can expect each unit to see anywhere between $900 to $1050 per month.  This is considering it is new construction and a highly desirable area.

7  Kenner, LA 70065  37 th Street and Connecticut Ave  Lot size: 60’x80’  Total of 4 lots

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15  February 21 st – Finish Foundation Drawings  March 7 th – Finish Detailed drawings  March 21 st – Finish Electrical Drawings  April 14 th – Complete Material Takeoff  April 25 th – Finish Construction Schedule


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