Cashflow

The faster we buy and develop properties the more resources we will need.

Purchase costs are all upfront, and then construction is typically phased over months 7 to 15, with cash from selling the homes arriving 21 months after a project starts.

We anticipate positive cash flow from year 5 onwards (e.g. 2028), as cash from sales then exceeds purchases, overheads, and debt repayments. Before this point, we reinvest most of the cash from sales to fund new projects and our operating expenses. 

We will also make use of external debt financing to accelerate our growth.

With the final new projects acquired in 2027, we expect to have paid the most cash due to investors by the end of 2029 (with any remainder in 2030 depending on how long it takes to sell the final projects).