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Lumee-O
Sample Project — illustrative data only. Not a real project record and not investment advice.

Sample Apartment Development — Lekki

24 premium apartments · 18-month programme · debt-financed. Explore the assessment output below.

Overall Viability Score

95/ 100
GO — Viable
Key Financial Metrics

Gross Development Value

₦2,280,000,000

Total Development Cost

₦1,201,255,680

Build Cost

₦770,304,000

Finance Cost

₦178,448,625

Gross Margin

47.3%

Margin After Finance

39.5%

Score Breakdown

Cost Reality (0–40)

40

Margin (0–35)

35

Sales Speed (0–15)

10

Risk Flags (0–10)

10

Three Key Risks
  • Construction cost escalation of 8–12% could compress margin below target.
  • Sales velocity slower than projected extends the funding period.
  • Interest rate increases raise finance cost and reduce net margin.
Recommended Actions
  • Lock key contractor pricing before committing to the development.
  • Validate selling prices against recent comparable sales in the submarket.
  • Negotiate a flexible drawdown schedule to reduce peak funding exposure.

Decision-support only. Outputs depend on the assumptions you enter and are not guarantees of cost, sales, funding, profitability or investment performance. Obtain qualified professional advice before acting. Read the full disclaimer.