Feasibility model

Change the yellow inputs and everything below recalculates. Inputs are saved in this browser. Every starting figure is illustrative — replace them with real quotes, a valued land contribution and a confirmed sales schedule before showing this to a bank or TLTB.

Site and product

Lots to sell

Lots sold with a home (%)

Serviced lot price (FJD)

Lot + home price (FJD)

Sales per quarter

Land

Land value contributed by mataqali (FJD) ⓘThe agreed value of the land going in as the mataqali's equity. Get it valued; do not guess.

TLTB lease premium (FJD)

Annual lease rent (FJD)

Costs

Servicing (civils) cost per lot (FJD) ⓘRoads, water, power, drainage, survey and titling, per lot.

Professional fees (% of civils)

Build cost per home (FJD)

Contingency (% of civils + build)

Marketing and sales (% of revenue)

Project overheads, total (FJD)

Civils duration (quarters)

Finance and tax

Developer cash equity (FJD)

Debt interest rate (% a year)

Agreed mataqali equity share (%) ⓘ25% or more is the recommended structure and the threshold for the indigenous-equity incentive. The model also shows what the land value alone would imply.

Company tax rate (%) ⓘConfirm the current rate and any incentive with FRCS and Investment Fiji at submission time.

Development cost

Returns and split

Cumulative cash position

Below zero is money the project needs (equity first, then debt). Peak funding is the lowest point.

Quarterly cash flow

Method: costs and revenue by quarter; lots and homes sell evenly at the absorption rate once civils finish; homes are built (prefab) in the quarter they sell; debt funds any shortfall after developer equity and is repaid from sales, with interest charged on the opening balance each quarter; tax is applied to profit at the end. Land contributed by the mataqali is equity, not a cash cost. IRR is on project cash flows before debt, annualised from quarterly. This is a screening model, not a bank submission.