Revo at Novel Park in Irvine

Name: Revo at Novel Park
Brand: Taylor Morrison
SKU: 8125
Availability: InStock

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Project info

Object ID: 8125

Finished at	September 2020
Price, m²	From 4800$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Townhouse
Square	from 180.00 m²
Floors	3
Condition	Turnkey
Construction type	Monolyth
Security	—
Conveniences	Parking Kids playground Near school Near kindergarten Near supermarket
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Return on investment for apartment

with price

11,755$

Rental income

1,103$

Management

689$

Utilities

587$

5% Income tax

9,376$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	16%	5	55$	275$
February	28	21%	6	55$	330$
March	31	12%	4	60$	240$
April	30	16%	5	60$	300$
May	31	25%	8	60$	480$
June	30	60%	18	80$	1440$
July	31	77%	24	120$	2880$
August	31	77%	24	130$	3120$
September	30	40%	12	100$	1200$
October	31	38%	12	60$	720$
November	30	23%	7	55$	385$
December	31	22%	7	55$	385$
Total	365		132		11755$
Average		35%		74$

Total invested

864,000$

Net profit

9,376$

Payback period

73.5 years

Avg property value increase per year

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About the project

Revo is a conduit for good energy. A place of balance. These new paired homes range from 1,814 to 2,591 sq. ft. and are perfect for getting the most out of the Irvine lifestyle. As the world moves around you, Revo is the place where you can always find your footing and stay grounded.

Developer

Taylor Morrison builds communities, literally and figuratively. We’re not only a good neighbor in all of the communities we call home, but i…
Details about Taylor Morrison