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A proforma analysis comparison is presented for a hypothetical mixed use housing development at Ann Arbor, MI with ground floor restaurants; the comparison contrasts key real estate metrics between conventional construction and prefabricated modular construction in line with the proposal. All variables have been kept constant, save construction (and manufacturing) costs, utility costs and rents which have been decreased by 10%, and a few other itemized costs highlighted in red. 

The modular development shows a higher Return on Equity (ROE) & a higher Internal Rate of Return (IRR). Although the Net Property Value decreases, it can be increased with a lower decrease in rents, or higher construction cost decreases.  

Conventional Construction

Prefabricated Modular Construction

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