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    Boost Your Returns with Northspyre

    Dive into our ROI calculator to see firsthand how Northspyre more than pays for itself. Investing in Northspyre isn't just smart, it's essential to maximizing your profits on every development.

    Tell Me About Your Project(s)

    1. Project (Number)
    2. Budget
    3. Acquisition Costs
    4. Impact on Project Outcomes
    5. Results

    Number of Active Projects

    Average Total
    Development Budget

    Average Acquisition Costs

    (including in development budget)

    Improvement with Northspyre

    Buyout Overruns (Compared to Initial Budget)
    50.00%
    Cost Increases (Change Orders & Add'l Services)
    30.00%
    Schedule Overruns (Compared to Initial Baseline)
    25.00%
    Project Staffing (Compared to Initial Baseline)
    30.00%
    Toggle Full Comparison
     

    Project Overview

    Project(s)

     

    Budget

     

    Acquisition Costs

     
    Show Assumptions

    Your Results

    Value + Savings with Northspyre

     

    ROI

     

    Projected Overruns/Savings

    Tell me about what you expect to happen on this project? Your Existing Process Improvement with Northspyre Northspyre Link
    Average buyout overruns compared to initial budget 5% 5% 2.5% Info
    Average cost increases due to change orders and add services 50 30% 3.5% Info
    Average schedule overruns compared to initial baseline 25% 25% 18.75% Info
    Project staffing and overhead savings 0% 30% 30% Info

    Project Assumptions

    Number of Active Projects
     
    What's your total development budget?
     
    What are your acquisition costs included in the development budget?
     
    What is your estimated project duration from acquisition to stabilization? (Months)
    36
    What is your estimated project duration for predevelopment (before construction financing)?
    15
    What is your target Loan to Value ratio?
    70%
    What is the interest rate on your construction note?
    8%
    What is the current tax appraised property value of your site?
     
    What are your state and local property tax rates?
    2%
    What % contingency are you currently holding?
    10%
    How many full time employees (FTE equivalent) will you have devoted to this project?
    2
    What is your average annual employee cost including burden?
    $100,000.00
    What is your development fee?
    2%
    What % or your budget is already committed in the form of contracts and proposals?
    10%
    Market Average general conditions costs?
    7.50%
    Project Expectations (Market Averages) Your Existing Process
    [BEFORE]
    Northspyre
    [AFTER]
    Improvement with
    Northspyre
    Learn How
    Buyout Overruns (Compared to Initial Budget) 5.00% 2.50% 50% Click here
    Cost Increases (Change Orders & Add'l Services) 5.00% 3.50% 30% Click here
    Schedule Overruns (Compared to Initial Baseline) 25.00% 18.75% 25% Click here
    Project Staffing (Compared to Initial Baseline) 0.00% 30.00% 30% Click here
    Toggle Full Comparison

    ROI With Northspyre

    Northspyre Impact Details
    Existing Process
    Northspyre
    Budget Overruns due to Remaining Buyout
     
     
    Fully committed budget less Acquisition less Contingency less Interest Reserve
     
     
    Additional projected costs from change orders and additional services?
     
     
    Additional length to project from schedule overruns?
     
     
    Additional Interest Reserve Cost?
     
     
    Additional Property Taxes
     
     
    Additional General Conditions and Project Overhead Costs?
     
     
    Additional Overhead Costs of Owner Employees due to Project Schedule Extension
     
     
    Total Project Cost Overruns
     
     
    Total Contingency
     
     
    Total Project Cost Overruns Less Contingency
     
     
    Forecasted Project Cost Including Overhead and Staffing
     
     

    Summary Calculations

    Total Development Costs less Acquisition
     
    Construction Mortgage Principal
     
    Interest Reserve
     
    Property Taxes
     
    Office Overhead Costs
     
    Project Contingency
     
    Total Development Fee
     
    Total Development Costs less Acquisition less Contingency less Interest Reserve less Property Taxes less Development Fee
     

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