While DealCheck currently doesn't have a separate "new construction" deal category, you can use our existing analysis tools to analyze new construction and new property development projects.
The specific deal analysis category you can use depends on what you plan to do with the property after the construction is complete (see notes below).
In either of the two cases, wherever you see rehab costs or rehab financing in our software, enter your construction costs or construction financing instead.
Analyzing Build and Sell Projects
If you're planning to sell the property after construction is complete, use our property flip calculator to help you model the land acquisition costs, construction and holding costs, property sale, and final profit.
Analyzing Build and Rent Projects
If you're planning to turn the property into a rental after construction is complete, use our BRRRR calculator to help you model the land acquisition costs, construction and holding costs, refinance into a long-term loan (if applicable), and the long-term rental phase for the property.