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Honeycutt Properties, LLC

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  • NEW PROPERTIES
  • PORTFOLIO
  • About
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Your Future, Your New Homes

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SAMPLE PROJECT ECONOMICS (ILLUSTRATIVE)

Property 1: Multi-Unit Conversion – Gandia

Multi-Unit Conversion – Gandia

 

- Acquisition: €105,000 (bank repossession with okupas)

- Renovation: €91,960

- Stabilized Value: €272,000

- Equity Created: €75,040 (38% of capital invested)

- Timeline: 14 months from acquisition to stabilized rental

- Cash-on-Cash Return: 12.4%

- Stabilized Monthly Rent: €2,400
- Annual Gross Rent: €28,800

 

Xàtiva Historic Renovation

- Acquisition: €68,000 (inheritance dispute, 18-month legal resolution)

- Renovation: €74,200

- Stabilized Value: €175,000

- Equity Created: €32,800 (23% of capital invested)

- Timeline: 11 months from closing to tenant placement

- Monthly Rent: €750

- Annual Gross Rent: €9,000

Valencia Region

Valencia Region

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