Question 1

What is a new construction pro forma?

Accepted Answer

A new construction pro forma is the underwriting document for a ground-up build. It models land acquisition, hard and soft costs by phase, draw schedule timing, construction loan interest, GC margin, and projected sale price, so a lender or partner can see whether the spec home pencils.

Question 2

Does this work as a single family pro forma?

Accepted Answer

Yes. The calculator is built around single family residential new construction — SFR spec homes and custom builds. The draw schedule, soft cost categories, and lender outputs all match how single family construction deals are actually underwritten by community banks and construction lenders.

Question 3

Is the spec home pro forma calculator free? What does the $29 export include?

Accepted Answer

The calculator is free to use with no signup and no subscription. The $29 export is a pro forma for a bank loan — a polished lender-ready PDF with cover page, monthly draw schedule, sensitivity analysis, and signature lines, plus a formatted, lender-ready Excel workbook. One purchase covers both formats for one deal.

Question 4

Does the calculator model draw schedules and GC margin?

Accepted Answer

Yes. The Lucraforma new construction calculator models monthly construction draws the way lenders actually fund builds, computes accruing construction loan interest, and separates GC margin so spec builders see the true cost-to-completion on a single family build.

New Construction Pro Forma Calculator — Single Family Spec Home