To the top right of the Data List is the Profit Box. This displays a brief summary of the appraisal results in terms of total revenue, costs and profit statistics.
These are the same figures that will appear in the preview and the printout of the development appraisal. Whenever you enter or amend information the results are recalculated and displayed here.
When you are carrying out an appraisal for the first time the results in this box will be zero. As you start entering figures the intermediate results will start to show. Do not be concerned if the values seem a bit inconsistent at this stage as Prodev will not be able to give you the true picture until a sufficient level of information has been provided.
Bear in mind that some of the factors that make up the viability of the appraisal will be timescale related and the results in the Profit Box will be affected by any resultant interest charges. Timescales are not entered in the Data List but provided elsewhere.
Another aspect to bear in mind is that very often appraisals will be carried out with the intention of calculating Site Value. In this case the value for the site may have been initially omitted which considerably impacts on profitability until this figure has either been entered or established using Prodev’s residual calculation functions.