Tutorvo

Construction loan & interest reserve

Lesson 4 of 818 minLab

This lesson is part of the course

In this lesson

You size Harbor Point's construction loan, schedule the draws and calculate the interest reserve and the equity needed.

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Lessons in this course

  1. The development budgetLab14 min Locked
  2. Residual land valueLab14 min Locked
  3. Yield on cost vs market cap rateLab13 min Locked
  4. Construction loan & interest reserveLab18 min Locked
  5. Lease-up & stabilised NOILab16 min Locked
  6. Sale value & profit on costLab14 min Locked
  7. Levered IRR & equity multipleLab16 min Locked
  8. Equity waterfall: pref & promoteLab20 min Locked