Inventa: Journal of Science, Technology, and Innovation
Vol 2 No 1 (2026): : August: Inventa: Journal of Science, Technology, and Innovation

Perencanaan Anggaran dan Analisis Kelayakan Investasi Pembangunan Rumah Tinggal Tipe 36 Sebagai Rumah Sewa (Ditinjau dari NPV, IRR, dan Payback Period)

Iqbal Haqi (Universitas Ratu Samban)
Rezi Munizar (Universitas Ratu Samban)



Article Info

Publish Date
19 Jul 2026

Abstract

This study aims to analyze the budget planning and investment feasibility of constructing Type 36 residential units to be used as rental housing, using the Net Present Value (NPV), Internal Rate of Return (IRR), and Payback Period (PP) indicators. The method used is an empirical study with a quantitative approach that integrates construction engineering and engineering economics analysis. The research stages included calculating the volume of work, preparing a Cost Budget Plan based on a Unit Price Analysis, preparing cash flow projections over the investment’s lifespan, and evaluating financial feasibility using the concept of the time value of money. The results show that the initial investment required for constructing a Type 36 house is Rp325,000,000, with the majority of costs attributed to structural work and masonry. Cash flow simulations demonstrate the project’s ability to generate stable rental income throughout the investment period. The feasibility analysis yielded a Net Present Value (NPV) of Rp29,617,428, an Internal Rate of Return (IRR) of 12.84%, and a Payback Period of 8.4 years. These values meet the criteria for a viable investment because they generate positive economic value added, a rate of return higher than the minimum acceptable rate of return (MARR) of 10%, and a payback period that remains within the investment horizon.

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Journal Info

Abbrev

inventa

Publisher

Subject

Automotive Engineering Chemical Engineering, Chemistry & Bioengineering Civil Engineering, Building, Construction & Architecture Control & Systems Engineering Electrical & Electronics Engineering Engineering Industrial & Manufacturing Engineering Mechanical Engineering

Description

Inventa: Journal of Science, Technology, and Innovation is a peer-reviewed scientific journal that focuses on the dissemination of high-quality research in the fields of science, technology, and innovation. It serves as an open platform for researchers, engineers, practitioners, and academics to ...