Financial Analysis
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Key Financial IndicatorsFeedback
Financial success is a driving factor for revitalization. It is critical for stakeholders to complete a thorough analysis of financial indicators associated with the project and the property to maximize the potential for success. Key financial indicators that should be considered include:
- Total Return on Investment
- Costs associated with assessment of the property
- The cost of any required environmental cleanup
- The economic status of the surrounding community
- Costs associated with acquisition of the property
- Rates associated with capital investment requirements
- Available grant and low-interest loan funding
- Innovative funding mechanisms
- Potential third party claims or liens against the property
The more detailed the understanding of the financial commitment required to make the project a success, the greater the potential for sustained revitalization.