Capital Budget Template (Excel)

The budget phase in real estate development is a more detailed and refined process that follows the initial underwriting phase, where the focus is on high-level feasibility and financial screening.

The Capital Budget has three different scenarios: Build, Stabilize, and Hold. In the dark green section, you enter in your final budget. Your final budget and your proforma should match.

Template Includes:

• Budget to Build

• Budget to Stabilize

• Budget to Hold

• Selected Budget