Real Estate Project Of "Modern-Yi City" Financial Assessment Study

China's real estate industry is an important component of the market economy and it's also one of the pillar industries in China's national economy. The real estate industry maintains fast development, but it reveals a series of "bubble" phenomenon such as the large investment growth, overpriced market, at the same time the government is paying more attention to concerning and consolidating the problems of the real estate industries. In the economic situation, in order to ensure the project's profitability and continue to develop this field, how to make investment decisions is becoming the most important issue for the real estate development enterprises. Domestic and international experience shows that pre-feasibility study of the real estate project and evaluation, especially the quality of financial evaluation plays a vital role to the project.The real estate project of financial analysis and assessment is from the perspective of investment project to make economic analysis and evaluation. In other words, according to the requirements of Government's existing tax system, the price system and relevant laws, regulations, it can calculate and analyze direct and indirect incurred costs and financial benefits and other contents of the real estate investment projects. From the viewpoint of project, it can evaluate such financial situation as the project's profitability, solvency, uncertain factors, so that we can judge the financial viability of the project.This paper aims to make a systematic introduction to financial evaluation of real estate development project, by means of combining both related theory of the real estate financial evaluation and the "modern-Yi City" real estate development case analysis.In this paper, the project's financial evaluation study uses a combination of qualitative analysis and quantitative evaluation and also a method of static analysis and dynamic analysis. On basis of the market analysis and data forecast, it can analyze the project investment and financing, cost, sales income, taxes and so on. It also measures financial evaluation indicators. Meanwhile, the paper evaluates the profitability, solvency, uncertainty of the project. Finally, it analyzes the real estate company's financial risk factors and proposes relevant measures.The results show that the project has financial feasibility and anti-risk capability.