That's
it. You need to know what revenue stream is likely to be available for a
well-funded and expertly managed project for a defined period of time that
corresponds to the likely period of time when the project will be placed in
service. This revenue stream projection is used as the basis for the
empirical assumptions pertaining to the income section of a Pro
Forma Statement of Project Operating Income and Expense.
To
"get your hands on" the likely revenue stream, you have to know what
the implied bargain would entail - the services, amenities, features and
benefits the project operating program will likely have to provide in order to
obtain the stated revenue stream. These findings serve as the empirical
assumptions used in the expense section of a Pro
Forma Statement of Project Operating Income and Expense and provides the
key empirical assumptions used to create the capital budget for the project that
are reflected in the Pro Forma Statement of Sources
& Uses of Project Funds.
But,
there's more to consider...
The
typical market feasibility study requires up to 90 days to complete and can
easily exceed $25,000 in cost to deliver. This creates a real issue for
developers (what if it comes back as a rejection...? ...the money is
"lost"). Rainmaker has created an alternative for savvy
developers who want to know whether a specific site, city, town, village,
county, etc. is worth spending their due diligence funds on with a higher degree
of certainty. Click here and learn
more.
