Prepared for Summit Custom Homes April 2026
85
Health Score

Strong Position with Room to Optimize

Summit Custom Homes is profitable and growing, but rising material costs on two active projects are squeezing margins. Cash reserves are healthy for now — the next 90 days will determine whether current project timing supports a summer expansion.

Cash position: Strong
Revenue trend: Growing
Margin pressure: Moderate
Project pipeline: Healthy
Revenue (YTD)
$2.87M
12.4% vs prior year
Gross Profit
$718K
25.0% margin
Down from 27.2% last year
Net Profit
$243K
8.5% net margin
Cash on Hand
$412K
Stable
3.1 months of operating expenses
6-Month Cash Outlook
Positive
+$148K
Projected ending cash: $560K
Growth and Performance
Monthly revenue and gross margin trend
Spending Analysis
Where your money goes — and where it may be wasted
🏗️
Materials and Supplies
$1.42M spent — $1.35M budgeted
$1.42M
5% over
👷
Labor and Subcontractors
$814K spent — $840K budgeted
$814K
On track
🚛
Equipment and Vehicles
$127K spent — $110K budgeted
$127K
15% over
📋
Insurance, Permits, Overhead
$189K spent — $195K budgeted
$189K
On track
💰
Owner Draw
$180K drawn — typically $150K at this point
$180K
Above pace
Expansion Readiness
Can you take on more work right now?
Cash runway if revenue paused 3.1 months
Current project utilization 87%
Average gross margin (trailing 6 months) 25.0%
Debt-to-equity ratio 0.4x
Backlog (signed contracts not started) $1.2M
FS Finance Assessment: Summit is in a reasonable position to take on one additional project in Q3, provided materials costs stabilize and at least one current project reaches its final draw by June. Taking on two new projects simultaneously would stretch cash reserves below the recommended 2.5-month safety margin.
6-Month Cash Flow Projection
Forward-looking view based on current commitments

Active Projects

4 jobs in progress — supporting context for company-level performance
Westfield Estate
Finishing
On Track
Budget
$820K
Actual
$791K
Gross Margin
27.8%
Collected
$745K
Budget used96%
Lakeview Modern
Framing
At Risk — Material Costs
Budget
$940K
Actual
$412K
Gross Margin
22.1%
Collected
$355K
Budget used44%
Cedar Ridge Build
Rough-In
Watch — Subcontractor Delays
Budget
$685K
Actual
$338K
Gross Margin
24.3%
Collected
$310K
Budget used49%
Oakmont Residence
Foundation
On Track
Budget
$1.1M
Actual
$165K
Gross Margin
26.5%
Collected
$220K
Budget used15%

What-If Scenarios

Toggle each scenario to see its impact on your forward outlook
🚛
Buy a New Truck
F-350 work truck — $62,000 financed over 48 months
⚠️ Caution — Timing matters
Monthly payment $1,420/mo
Annual cost (with insurance) $19,800
Cash impact (6 months) −$9,900
Show impact on outlook
6-Month Cash Impact
$138K

Projected ending cash drops from $560K to $550K. Manageable, but delays this expense until after the Westfield final draw for a safer cushion.

👤
Hire a Project Manager
Full-time PM at $85,000/year + benefits
✓ Yes — High-leverage hire
Loaded monthly cost $9,200/mo
Cash impact (6 months) −$55,200
Estimated capacity gain +1-2 projects
Show impact on outlook
6-Month Cash Impact
$93K

Short-term cash dip, but frees owner time and enables taking on the $1.2M backlog sooner. Net positive within 4-5 months if one new project starts.

💵
Increase Owner Draw
Raise monthly draw from $15K to $20K (+$5K/month)
✗ Not recommended now
Additional monthly cost $5,000/mo
Cash impact (6 months) −$30,000
Runway impact −0.4 months
Show impact on outlook
6-Month Cash Impact
$118K

Current draw is already above pace for the year. Increasing now would reduce cash runway to 2.3 months — below the recommended 2.5-month safety margin. Revisit after Westfield closes out.