Must be in APA format.

I have uploaded the deliverable 1, 2 and 3 as well.

Deliverable 4 will have you compare your chosen property development to a preexisting structure. For those of you who have chosen a pre-constructed investment, such as a strip mall or an apartment building, you will compare your property to the construction of the same type of structure. For those of you who have chosen to evaluate a development project, you will evaluate the purchase of a preexisting structure similar to that of your development. For Deliverable 4, you are required to do the following:

For students who chose a preexisting real estate structure for Deliverables 1, 2 and 3:

• Identify the expenses associated with developing real estate from scratch similar to the investment that was outlined in Deliverables 1, 2, and 3.  This will include location identification (town/state and the actual plot of land for the development) within the same market as the outlined investment and the outlined expenses to develop the real estate to be similar to the original investment.
• Identify the risks associated with the development and how these risks will be mitigated. How does time factor into the associated project risks?
• Create the pro forma cash flow statements for the development project including any differences for financing needs
• Predict the ARV for the property, IRR, and NPV for the project.
• Compare the development project to the investment identified in Deliverables 1, 2 and 3. Which option is the better investment?development or purchase of a preexisting structure?for your portfolio goals?

For students who chose a development project for Deliverables 1, 2 and 3:

• Identify the expenses associated with purchasing an existing property similar to the investment that was outlined in Deliverables 1, 2, and 3.  This will include location identification (town/state and the actual property) within the same market as the outlined investment and any additional expenses required to make the property comparable to the development project.
• Identify the risks associated with purchasing a preexisting structure and how these risks will be mitigated.  What additional considerations need to be made?
• Create the pro forma cash flow statements for the existing property including any differences for financing needs.
• Predict the ARV for the property, IRR, and NPV for the investment.
• Compare the purchase of the preexisting property to the investment identified in Deliverables 1, 2 and 3.  Which option is the better investment?development or purchase of a preexisting structure?for your portfolio goals?

Deliverable 4 is due by 11:59 pm CT on SATURDAY.