Executive Summary User profile Provides the developer with a complete project cost analysis and an excellent budget pro forma for any new commercial income property. For developers, contractors, lenders and others who will be involved in the construction or rehabbing of a commercial, industrial or multi-unit residential income property. One of our most popular applications since its first release in 1983, CID is a spreadsheet model for income-property developers. Use it to create a presentation that provides a pro-forma budget, demonstrates the viability of the proposed project and supports the developer's requests for financing. You will also find an array of new options and new development cost categories.
Tremendous flexibility is built into the program.
For example, land may be treated as part of the developer's equity, or as a cost of development. Land financing can be separate, or it can be absorbed within the development loan. New to Version 4.0 is the option of describing construction costs in a summary or detailed manner in the Hard Costs data-entry area. Information from these and other sections produces a seven-page presentation. The report includes a project summary and overview, financing and leasing information, and a pro-forma operating statement and resale projection.