The easiest use of ProCash assumes that construction and development costs fit into the following categories.
Depreciable Assets Acquired (or Field Expense)** ($/unit) Land Development ($/unit) Building Cost ($/sq.ft.if AVI=sq.ft.) ($/unit or /sq.ft. (of building)) Service Structures (or Tenant Improvements) ** ($/unit) Architecture & Engineering ($/unit) Elevator/Escalator ($/unit) Furniture & Equipment ($/unit) Misc. Admin ($/unit) Expensed Costs (except interest) ($/unit) Reimburseables ($/unit) Contingency, Errors & Ommissions ($/unit) Est.Const.Int,Fin.Fees,Acctg.Adj.(ProCash checks)($/unit) Land Cost /Acre (or /Sq.Ft.)(Total $ if AVI=0) ($/acre or /sq.ft. (of land)) Contruction Interest to Impose (or CSF[;12]) ($/unit) Start-up Operating Losses (financed & expensed) ($/unit) Working Capital (no interest is earned) ($/unit) Operating Reserve (on which to earn interest) ($/unit) Points for Raising AVI Equity Contribution (decimal or total $) Points 1st Mtge When Perm. Deal Made AVI (decimal or total $) Points 1st Mtge at Const. Loan Settlem AVI (decimal or total $) Points 1st Mtge at Opening AVI (decimal or total $) Points 1st Mtge at Perm. Mtge.Close AVI[23 26] (decimal or total $)
** Two inputs have different meaning depending on whether they are being used for commercial or residential projects. They are treated differently for accounting and tax purposes.
Commercial Projects Residential Projects AVI Field Expense Depreciable Assets Acquired AVI Tenant Improvements Service Structures
|AVI||Land cost (/acre or /sq.ft.)(Total $ if AVI=0)||421||5|
|AVI||Building cost ($/sq.ft.if AVI=sq.ft.)||421||5|
|AVI||Start-up operating losses (financed & expensed)||421||3|
|AVI||Field expense (commercial) dep.assets acq (res.)||421||2|