Developer Case Studies
*Note: Income and costs may vary depending on market conditions.
DIY DEVELOPERS: Standard Hacienda (3 Bd|2 Bth)
Land Acquisition, Grading/Utilities & Landscaping: ~$115,000
Hacienda - Standard: ~$384,000
Total Cost: ~$499,000
Sale to Home Buyer: ~$599,000
Unlevered Yield (on Sale): 20%
AIRBNB/VRBO: Studio Hacienda (2 Bd|2 Bth)
Land Acquisition, Grading/Utilities & Landscaping: ~$100,000
Hacienda – Studio: $274,000
Total Cost: ~$374,000
Revenue: ~$330/Night | ~$4,950/Mo (50% Occupancy)
Unlevered Yield (Annual Cash Flow): ~11%*
HOSPITALITY: Studio Hacienda (2 Bd|2 Bth)
Land Acquisition, Grading/Utilities & Landscaping: ~$125,000
Hacienda – Studio: $274,000
Total Cost: ~$399,000
Revenue: $280/Night | RevPAR: ~$224
Unlevered Yield (Annual Cash Flow): ~15%*
