1. Kittridge Housing 100 Acre Sub-Division West San Fernando Valley
25 Unit Single Family Housing Development

2. Tentative Tract Map 52652 County of Los Angeles (Unincorporated)
2,527,640 Square Feet
58 Acres
553,000 Square Feet of Residential Pads
25 Residential Pads
Residential Pad Sizes Range From to 25,000 Square Feet
26.47 Acres of Open Space
4 Tennis Courts & Pavillion

3. Project Infrastructure Development Cost
Site Clearing & Excavation $8,989,293
Finish Grading ,046
Asphalt ,877
Utilities ,300,000
Architect & Engineering 8% ,257
Permitting 5% ,911
Legal % ,673
Accounting 2% ,564
Entitlements Unit ,000
Supervision 8% ,257
Interest Carry ,600,000
Contingency 15% ,707,000
Estimated Development Cost $17,623,000
Unit Cost $ ,000

4. Residential Pad Cost of Sales
Retail Sale $1,500,000
Infrastructure Cost ,000
Commission & Sale Cost 4% ,000
Advertising 1.5% ,500
Net Without Land Cost ,000
25 Units $17,815,000

5. Residential Home Sale Projections
Home Cost (6,500 Sq. $225 Sq. Ft.) $1,463,000
Infrastructure ,000
Sales Commission & Cost (5.5%) ,000
Total Cost ,361,000
Retail Sales Price ,500,000
Net Sales Price ,140,000
Total 25 Units NIC Land Cost $28,500,000