Glossary

    Profit on Cost

    Developer's profit divided by total development cost.

    Definition

    Profit on cost is profit (GDV minus total costs, including land) divided by total costs. It shows the return on the money spent. It is always higher than profit on GDV for the same scheme: 20% on GDV equals 25% on cost. State which measure a target refers to before comparing schemes or lender requirements.

    Related terms

    Profit on GDV

    Developer's profit divided by gross development value.

    Development Appraisal

    Calculation of whether a development scheme makes enough profit, or can afford its land.

    GDV (Gross Development Value)

    Total expected sale or letting value of a completed scheme.

    Keep every development site in one record.

    Atlasly Developments tracks each site's parcels, due diligence documents, options, appraisal, actions and project packs.

    See Atlasly Developments