TDC (total development cost) per unit

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Check this out and pay attention to page 3 the line that says TDC (total development cost) per unit:

1. 5 May Street    266,538
2. 9 May Street   414,539
3. 15 & 17 LaGrange     200,792
4. Austin Corridor II   355,553
5. Hadley     514,679
6. KGH 1 & 2     331,369
7. KGH 3A    299,610
8. KGH 3B  365,999
9. KGH 4  325,995

These are the costs to develop ONE rental units.    If you see nothing wrong with this, then I guess we should simply keep doing it.