Position Phase I Phase II Phase III
Land USD 1'350'000 0 0
Land fill up USD 256'000 0 0
Tax & Setup cost USD 260'000 0 0
Construction phase 1 (35 units) USD 1'750'000 1'750'000 1'500'000
Landscaping / Utilities / Infrastructure USD 1'040'000 605'000 440'000
Fees/License/Project management / Broker USD 395'000 175'000 175'000
Interests on investment USD 0 430'000 430'000
Reserve USD 300'000 130'000 130'000
     
Total USD 5'351'000 3'090'000 2'675'000