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Presented by: Stephen DeMatteo
Engineering Technology, Construction
ET- 494 Fall 2014
Advisors: Ed Rode Cris Koutsougeras
Residential Fourplex Design
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Cost Analysis
Site Survey
Floor Plan and Elevation Drawings
Deliverables
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Comparable #14132 Georgia Ave, Kenner La
Townhome/ 2-Plex 900 sq. ft 2 bed 2 bath
Rent Price = $850 $100/sq ft = $180,000 Yearly income = $20,400
Pay off investment = 9 years
Cost Analysis
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Comparable #2 4045 Idaho Dr, Kenner La
4-Plex 1,128 sq. ft 2 bed 2 bath
Rent Price = $900 $100/sq ft = $451,200 Yearly income = $43,200
Pay off investment = 10.5 years
Cost Analysis
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Comparable #3 2916 Tennessee St, Kenner La
4-Plex 1,100 sq. ft 2 bed 1 full bath 1 half bath
Rent Price = $850 $100/sq ft = $440,000 Yearly income = $40,800
Pay off investment = 11 years
Cost Analysis
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My Complex 4-Plex 912 sq. ft 2 bed 1 full bath
Rent Price = $1000 $100/sq ft = $364,800 Yearly income = $48,000
Pay off investment = 7.5 years
For this project each unit will consist of two bedrooms, one bath, a kitchen, living room, and dining room.
Without going into details of the finishes we can expect each unit to see anywhere between $900 to $1050 per month.
This is considering it is new construction and a highly desirable area.
Assessment
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Kenner, LA 70065
37th Street and Connecticut Ave
Lot size: 60’x80’
Total of 4 lots
Projected Site
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Survey
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1st Floor
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2nd Floor
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Front Elevation
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Right Side Elevation
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Left Side Elevation
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Back Elevation
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February 21st – Finish Foundation Drawings
March 7th – Finish Detailed drawings
March 21st – Finish Electrical Drawings
April 14th – Complete Material Takeoff
April 25th – Finish Construction Schedule
Spring 2014 Semester