Kariuki Comfort Reminds us That Real Estate isn't for the Faint Hearted

Real estate!!!
Let’s do the unmathing maths!!!!
3.25 hectares of land at Juja farm Athi costs around 16 m.
The selling of a plot there 40*80 goes for 800 k.
After subdivision you will get 32 plots on a rectangular shape piece of land.

Subdivision costs not less than 50 k to 60 k on@ plot.
For you to sell 1 plot you must have 10 site visits.@ site visit will cost you 5k,
I.e probox fueling at 3 k+ driver 1500+ 500 snacks.
So selling 1 plot on logistics will cost you 5k*10=50k.
For you to get these 10 buyers you must
Deploy either influencers,advertise boost social media ads,or elect a bill board.
Let’s assume you spend 20 k on ads.
The cost of withdrawing these funds assuming it’s sent through mpesa is 1 %.so it will take you 8k.
The costs of running the office depending with location, you need a cleaner, clerk,and the CEO, office,internet,etc.
So you will spend 200 k, assuming you sell 10 plots in a good month.so @ plot at 20.
The sales agent pockets 4@% of the purchase price,i.e,800 k÷4%= 32 k+ retainer of 15 k.

The catastrophic part!!!
After selling 3 plots,1 must be cancelled yet you undergone all the costs.
Look at these.

Buying price,16m÷32=500 k.
Survey=50 k.
Logistics=50k
Influencers=20k
Withdrawal charges=8 k.
Running office costs =20 k
Commission+ retainer 47 k.
Then cancellation of 1 plot costs from 2 plots sales= 50+50+20+8+20+47=195000÷2=97500.

The selling cost will be ksh 292500+500 k
Which will be 792500.
The profit will be 800 k-792500=7500 net profit.
When realtors brag about the money they are making just know the vendor is not paid or double allocation is made.

Anyone with better calculation can advise and collect me.