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Revere Street - Project Valuation

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Revere Street - Project Valuation
Revere Street
Project Valuation

October 11, 2013 Table of Content
1 Summary - Project Revere Street 3
2 The Residential Property Overview 3
2.1 Location 3
2.2 Economic Environment 4
3 Financial Valuation 4
3.1 Case Preview 4
3.2 Case Summary 5
3.3 Valuation Summary 6
4 Pro Forma - Revere Street 7
4.1 Balance Sheet (Estimated) 7
4.2 Income Statement (Estimated) 7
4.3 Statement of Cash Flow (Estimated) 8
5 Future Prospects and Concerns 8

1. Summary - Project Revere Street

a. Estimated project Net Present Value -- $24,736

b. Estimated project Internal Rate of Return -- 19.10%

c. Major concern -- Source of funds

d. Suggested action toward project Revere Street -- GO

2. The Residential Property Overview 2.1 Location

In the world of real estate, location sometimes determines the future of a property, residential or non-residential. Revere Street, a residential property located in the heart of downtown Boston, Massachusetts, provides a wonderful location for residents who also like to enjoy the convenience and diversity the city could offer. Revere Street shares Boston's unique New England historical city view and modernized financial district landscape. The pin point with the letter A on the map below shows a geographic center of Revere Street inside the City of Boston.
Graph 1: Location in Boston

Revere Street is located within less than one mile walk to the beautiful Charles River bank, the popular Newbury Street, the relaxing Boston Common Park area with various sports ground, and the honorable Massachusetts Institute of Technology.

Most importantly, Revere Street is safe. According to arevibes.com, Back Bay-Beacon Hill area, in where Revere Street is locate, has a crime rate that is approximately 50% lower than the Boston average. (More details in attached Revere Street Pro Forma.xlsx)

Therefore, from the perspective of location and functionality,

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