Yang Shen - Module 8 - Part 2

First-day Real Estate Developer

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Overview

The First-day Real Estate is a tool for the developers who wants to use dynamo to design their new, modern and fancy buildings, which are not the regular size typically. Besides the general geometry input, their is cap rate and rent input for the developers to test their target financial outcome. For the output, there is three main numbers to look at, the solar energy obtained, which stands for sustainability, the construction cost per sf and the sales revenue. The construction cost is calculated as

(FacadeCost+RoofCost+FloorCost)/GrossFloorArea(FacadeCost+RoofCost+FloorCost)/Gross Floor Area

and the sales revenue is calculated as

NOI(NetOperationIncome)/CapRateTotalConstructionCostNOI(Net Operation Income)/CapRate-TotalConstructionCost

As a result, the developers or engineers can have a brief view of how there design is going to impact their return, and if the return is satisfactory for them.

The generative study outcome

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Demo_video