Intuitive in nature and providing a clear workflow, this software calculates residual land values and profit for both single phased and multi-phased schemes. Reporting includes sensitivity analysis, cashflows and IRR/NPV calculations. Entering data is straightforward and easy to learn – 4 screens allow the user to enter development timings, GDV and costs and undertake the initial appraisal and continual overview of the development.
This development appraisal tool is available in 3 versions, depending on functionality requirements and budget; KEL DeltaLite, KEL Delta and KEL DeltaPlus.
Each is capable of dealing with small single unit developments or large multi-phased mixed-use projects.
Four clearly laid out screens allow entry of key project data for quick and accurate analysis. As more detailed information becomes available many ancillary screens can be brought into use. Meanwhile transparency is maintained by visibly identifying access to screens containing data that can affect your results.
Our careful design, intuitive screens and robust workflow allow users to learn to use this program in the shortest possible time.
A range of pre-formatted reports and charts can be printed, or exported as a spreadsheet or a PDF file. As data is entered, live results are displayed onscreen, including GDV, GDC, purchase price, profit, IRR, NPV and where relevant IRR on net equity.
Development costs are instantly converted to monthly cash flows that can be straight-line or S-curve. DCF functionality is also available.
Colin Ablitt - Birmingham City Council
"Birmingham City Council, Birmingham property services use two KEL products, namely KEL Sigma and KEL DRC in the preparation of the valuations of some 300 properties undertaken every year as part of a five year rolling program. The prime objectives of the change over to KEL were the ability to store the valuations and undertake revisions with the minimum of duplicated work and expectations have been exceeded in both respects. At the same time the ability to load property details electronically and output information selected against user defined fields has proved extremely useful. KEL have always reacted to requests for assistance or changes to the product very promptly and positively and a constructive ‘partnership’ has developed. My decision to make the change to KEL some two years ago has proved a good one."