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  2. Board Of Aldermen - Minutes - 9/28/2021 - P45

Board Of Aldermen - Minutes - 9/28/2021 - P45

By dnadmin on Mon, 11/07/2022 - 07:08
Document Date
Tue, 09/28/2021 - 00:00
Meeting Description
Board Of Aldermen
Document Type
Minutes
Meeting Date
Tue, 09/28/2021 - 00:00
Page Number
45
Image URL
https://nashuameetingsstorage.blob.core.windows.net/nm-docs-pages/boa_m__092820…

Financial Feasibility Analysis
ANALYSIS

GO / NO GO DECISIONS

¢ Internal rate of return
¢ Measure of investment efficiency
¢ The annual rate of investment value escalation
¢ Similar to a savings account interest rate

¢ How does it work?
* Measure against other investment types
¢ Reflects opportunity cost for risk-reward analysis

¢ What can I “live with?”

¢ “Typical” Market

¢ Rental Housing = 12% IRR

* For Sale Housing = 20% IRR
¢ Nashua Market (Reported)

* Rental Housing= 20%+ IRR

* For Sale Housing = 30%+ IRR

¢ What happens when I cannot reach my goal?

¢ Offer less for land Most Likely
¢ Go somewhere else y
¢ Sit on my money

¢ Bite the bullet Least Likely

ASSOCIATES INC

Page Image
Board Of Aldermen - Minutes - 9/28/2021 - P45

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