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Published byTamsin McKinney Modified over 8 years ago
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Presented by: Stephen DeMatteo Engineering Technology, Construction ET- 494 Fall 2014 Advisors: Ed Rode Cris Koutsougeras
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Cost Analysis Site Survey Floor Plan and Elevation Drawings
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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
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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
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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
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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.
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Kenner, LA 70065 37 th Street and Connecticut Ave Lot size: 60’x80’ Total of 4 lots
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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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