100% Joint Venture Funding Case Studies

1 Unit In Cheshire 3000 sq ft house in a pleasant area, on a 12 month deal:

£250,000 PP inc SD

£417,500 Build Costs

£980,000 GDV

Interest charged at 1.25% - £68,812 in interest costs

£233,888 left for the profit share after agents fees = £116,944

4 Bungalows in Stafford, on a 12 month deal:

£452,652 PP inc SD

£673,757 Build Costs

£1,560,000 GDV

Interest charged at 1.5% - £142,115 in interest costs

£275,876 left for the profit share after agents fees = £137,938

Purchase of a dilapidated bungalow in the Midlands with planning for 9 houses, on a 15 month deal:

£577,500 PP inc SD

£70,000 CIL

£1,279,410 Build costs

£3,100,000 GDV

Interest charged at 1.25% - £241,350 in interest costs

£900,740 left for the profit share after agents fees = £450,370

To appraise a deal generally we require the following:

· Build cost appraisal

· Term for the loan to build and sell

· GDV breakdown

· How the site was sourced

· CV