Fuzzy Mathematical Method Of Financial Evaluation Of The Real Estate Feasibility Study

With China's entry into WTO, every investment institute has been responsible for the profit and loss. Thus, whether the planned target can be achieved or not is vital to every investment institute. In the previous stage of investment, the decision-making is indispensable, which is based on the feasibility study. The quality of the feasibility study influences the consequence of the investment program deeply and directly.The financial evaluation is the key part of the feasibility study, which is related with the result of program planning directly. In order to make successful feasibility study, it is necessary to adopt scientific method of evaluation. In the traditional process of financial evaluation, most of the relevant information such as cost, rent, price, construction period, rate of loan, discounted rate and so on comes from prediction and estimation under the ideal condition. However, the result is determined by many instable variables and accordingly it is changeable. Based on the above reason, this thesis proposes one fuzzy mathematic method, with which the feasibility study of financial evaluation is carried out.In this thesis, the triangular fuzzy number is used to describe the price, interest rate and cost in the financial evaluation. Besides, the financial report based on the fuzzy number is designed. With the risk analyze of the data and index based on triangular fuzzy number, this thesis acquires more wonderful and practical information compared with that obtained by common calculation. The method proposed by this thesis is more practical, systematic and operational compared with traditional approach and will be beneficial to the financial evaluation in other fields.