Latest / Property Mastermind Podcast with Bob Andersen & Hilary Saxton
EP 140: How To Understand Profit In Property Development
Return on cost (ROC) is a crucial metric in property development that measures the profit of a project as a percentage of the total cost. It is essential for both investors and developers to understand and calculate ROC accurately to assess the financial viability of a property development venture. The importance of annualising return on investment (ROI) is a key factor that is often overlooked or misunderstood by stakeholders in the industry.
Annualising ROI is crucial for accurately evaluating the profit of a project over a specific time period, typically one year. This is important because…
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