ROLL EACH LOT INTO A COMPLETE SUBDIVISION LEVEL PROJECTION
After Builder Navigator creates a projection for each lot, the next logical step is to combine all lots in a subdivision together to get a combined projection for the subdivision.
SEAMLESS LOT-COUNT SCALABILITY
If you have ever used spreadsheets to create projections, then you know first hand how difficult it is to add more lots to a subdivision. Formulas need to be manually updated; links get broken; timelines can easily get messed up (especially if houses have different timelines to build).....but not with Builder Navigator! You can have a "subdivision" of one lot (think infill) or a subdivision of 1,000 lots (also see our multi-stage subdivisions functionality). And you can quickly scale your lot count up OR down....because there are no clunky spreadsheets to fuss with.
PROJECT TO STAY WITHIN DEBT-TO-EQUITY COVENANTS
If you have a debt to equity covenant with your lender in a subdivision, then Builder Navigator will ensure that covenant is met each month by projecting cash infusions if necessary by partners. That way you will know months in advance of cash required to stay within covenants. In the example above there is a 2.5 to 1 DTE covenant that must be met before cash can be distributed to partners.
KNOW WHEN YOU WILL HAVE DISTRIBUTABLE CASH
After having rolled up all individual homes into a combined subdivision projection, and after taking into account required debt to equity covenants - you will see months in advance when you will have cash available to distribute. In the example above there is not cash available until Q3 2019 and the project isn't net cash flow positive until Q4 2019.
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