Features

Set up the project once, then lay out the program the rest of the feasibility runs on.

• Project information

  Name, project number, state or territory, date, description and the project start date that month 1 runs from.

• All eight states and territories

  ACT, NSW, NT, QLD, SA, TAS, VIC and WA, each with its own stamp duty and land tax tables.

• Development summary

  Residential, commercial, retail and custom rows with quantities, net saleable or lettable area (NSA or NLA) and gross floor or building area (GFA or GBA).

• Development program

  The standard tasks (Acquisition, Concept Design, Town Planning, Design Development, Early Works, Construction and Operation) plus your own, each with a start month and duration.

• Drag to reorder, with auto shift

  Move tasks into a new order and have the tasks after them follow.

• Derived phases

  Development, Design, Whole Project, Major Consultant and Minor Consultant phases are worked out from the tasks, so cost lines and sales can be timed to them.

• Feasibility phases

  Split the project into sub-phases and report returns for each one or for the whole project. (Pro and Team)

Enter costs in standard cost groups, timed to the program and spread by month.

• Cost groups

  Input costs into the standard groups, or create your own custom groups.

• Cashflow timing by phase or month

  Each line runs over a program task, a derived phase or custom start and end months.

• Six cashflow distribution curves

  Each designed to quickly distribute cashflow according to a realistic spend pattern.

• Escalation

  Ensure your costs account for future expected price rises.

• Contingency

  Easily add contingency and link it to any cost group's total as a percentage.

• Quick feaso

  Set a cost group as a percentage of construction costs instead of entering its lines, for a quick early-stage estimate.

• Property purchases

  Land tax already calculated for the development phase and revalued at the operation stage. Mark a property as already owned and recognise its value in the feasibility without entering a dummy purchase.

• Stamp duty, calculated

  Duty is worked out per property from the state's dated schedule, by land use, with the foreign purchaser surcharge where it applies. Enter your own amount to override it.

• Land tax, calculated

  Land tax from the state's schedule, by owner type (individual, company, trust or foreign), charged monthly or as an annual assessment, with separate site values for the development and operating phases. WA projects can add the Perth metropolitan region levy.

• GST on costs

  Each line is marked as carrying GST or not, and input tax credits flow through the BAS.

• Line notes

  Keep a note on any cost line, sales line or tenancy.

Model build-to-sell lots, leased income and investment sales side by side.

• Build-to-sell lots

  Quantity, unit and rate per lot, with price escalation to sale.

• Pre-sales and settlement timing

  A pre-sale period, sold month and settlement month for each line, by phase or by month.

• Deposits

  A deposit percentage per line, held in trust until settlement or released to the developer.

• Sales commissions

  Pre-sale and settlement commission percentages per line.

• GST on sales

  Add GST, GST-inclusive, margin scheme or not charged, set for the project or per line, with purchaser GST withholding.

• Tenancy schedule

  Commercial and residential tenancies with rent per week, month or year, lease term, commitment and commencement months.

• Rent growth and reviews

  Rent growth to lease commencement, then annual reviews.

• Incentives

  Rent free, rent abatement and fit-out contributions, against a target total incentive.

• Outgoings recovered

  Choose which operational outgoings each tenant recovers, shared automatically or by an override.

• Vacancy and lease-up

  A vacancy allowance and a lease-up period to full occupancy.

• Leasing commissions

  A commission as a percentage of rent, with part paid at commitment.

• GST on residential rent

  Input taxed, taxable as commercial residential premises, or Division 87 for long-term stays.

• Investment sales

  Sell leased tenancies at a cap rate, net of purchaser's costs and outstanding incentives.

Size each debt facility and let the cashflow draw, charge and repay it month by month.

• Facility types

  Interest only, capitalised interest, and principal and interest.

• Drawdown

  Progressive, or the whole limit at the start.

• Limits

  A fixed amount, a loan-to-value or loan-to-cost ratio on the basis you choose, or an interest cover ratio.

• Fixed or BBSW rates

  A fixed all-in rate, or a margin over the 3-month BBSW rate.

• BBSW from ASX

  The BBSW rate is read from ASX each weekday. Your working feasibility takes the latest rate when you open it, and saved versions keep the rate and date they were saved with.

• Fees

  Application and line fees on each facility.

• Start and repayment

  Set the start month, or have a capitalised loan's earliest start worked out from its repayment month.

• Minimum equity before first draw

  Hold the first draw until the lender's equity requirement is met.

• Refinancing

  Repay a facility from equity or refinance it with a later one.

• Funding waterfall

  Equity and each facility's balance month by month, with peak equity marked.

Results recalculate as you work, in the browser, with every figure traced to a month.

• Monthly cashflow

  Every cost, sale, rent, GST, finance and equity line by month, shown monthly, quarterly, by financial-year quarters or annually, in $'000 or $m.

• GST and the BAS

  Monthly or quarterly BAS periods, with GST collected, paid and refunded in the cashflow.

• Key figures

  Profit, total development cost, Return on Cost, Project IRR, Equity IRR and peak equity in a strip across the top of every tab.

• More returns

  Development margin, return on equity, project and equity NPV, and peak equity month.

• Hurdles

  Set target hurdles for each feasibility and see at a glance which pass.

• Residual land value

  The land price at which the project exactly meets each hurdle.

• Sensitivity

  A grid of RoC, RoE, Project IRR or Equity IRR across any two of construction cost, sales price, cap rate, program delay, interest rate and land price.

• Capital stack over time

  Debt and equity through the life of the project.

• TDC

  Costs by group at a glance.

Work in one place, save versions when you're ready, and keep a record of every change.

• Current

  Your working session saves as you go. Edits stay in Current until you save them to a scenario.

• Versioned scenarios

  Save Current as a new version of a scenario (Baseline v1, v2, v3) and load any version back.

• Several scenarios

  Save Current as a new scenario to test another design, price or structure.

• Compare scenarios

  The Summary tab sets each scenario's returns side by side, and the key figures show the change against the scenario you started from.

• History

  Every change to the project's inputs, with who made it, when, and the old and new values, plus every scenario action.

• Calculation method on each feasibility

  Change how the engine treats a feasibility, or apply a newer version of your organisation's method when you choose.

Lender-ready reports from the feasibility you see on screen.

• Feasibility summary

  A PDF report for sign-off: cover page, summary, costs, sales, leasing and finance.

• Lender pack

  A PDF with the program, detailed costs, sales and leasing, finance and the monthly cashflow.

• Build your own report

  Tick the sections you need, Summary or Detailed for costs, sales and leasing, and save the combination for next time.

• Live preview

  The Reports tab shows the report page by page before you export it.

• Your branding

  Your logo and trading name on the cover and in headers, and a cover photo for each project.

• Excel exports

  Any tabs to Excel, one sheet per tab, values only.

• Calculation method appendix

  Every report and export ends with the method used and any setting that differs from Feaso Cloud's standard.

Share a feasibility outside your organisation, and model the equity split with partners.

• Share with an external party

  Send a read-only copy of a saved scenario to someone outside your organisation, with only the tabs you choose.

• Joint-venture partners

  Add partners to a scenario with their share, entry month and arrangement: buy-in then split, split, or split with catch-up. Then define their exit.

• Returns by party

  View returns for the whole project, for you, or for each partner, with equity by party in the cashflow. The project's own figures never change.

• Partner perspectives

  Reports and shares can be prepared from one partner's perspective, without naming the other partners or their terms.

Keep a project's files with the figures they support, and start new projects from a template or a workbook.

• Supporting Documents

  Upload PDFs, Word and Excel files, CSVs, images and emails to a project, with 10 GB of storage on Pro and 50 GB on Team. Each document can be linked to specific items in the feasibility.

• Built-in templates

  Create your organisation's own standard templates to speed up the new feasibility process.

• Import an existing feaso

  Fill in the import template, import an EstateMaster DF file as it is, or let the AI Importer read your own custom Excel model.

Set up your organisation once, then bring in your team.

• Guided set-up

  A first-run set-up for your organisation and defaults, a tour of the workspace and a getting-started checklist.

• Projects browser

  Folders, project status from feasibility to completion, owner and last edited, with RoC, development margin and Equity IRR highlighted against each project's hurdles.

• Calculation method

  Named, versioned methods for your organisation, with Feaso standard built in. Choose the default for new feasibilities and preview a change's effect on up to five projects. Changing a method never changes an existing feasibility.

• Method proposals

  Admins propose method changes with a note, and owners approve or reject them.

• Members and roles

  Owners, admins and members, each with what their role allows.

• Invitations and seats

  Invite people by email. Team includes 3 seats, and owners can add more.

How your organisation's data is protected.

• Hosted in Australia

  Feaso Cloud runs on DigitalOcean in its Sydney region, with its database and file storage there too.

• Two-factor sign-in for everyone

  Every person sets up an authenticator app at first sign-in, with recovery codes. Trusted devices are asked again at least every 30 days.

• Organisation data kept apart

  Every organisation's data is isolated in the database, and one organisation can never read another's.

• Encrypted backups

  The database is backed up every night, encrypted, as well as the database host's own daily backups.

• Malware scanning

  Every uploaded document is scanned before it can be opened.

• Encrypted connections

  All traffic is encrypted in transit.

Feaso Cloud models build-to-sell lots, leased income and investment sales in the same feasibility, so it suits:

• Residential apartments and townhouses
• Land subdivision
• Build-to-rent
• Commercial and retail, including refurbishment
• Mixed use, with residential, commercial and retail in one development summary