Contents
Targeted Investment Types
About Novaro Capital
Novaro Capital is a New York-based real estate investment firm dedicated to identifying high-potential opportunities across the U.S. We specialize in a diverse range of strategies, including affordable housing (Section 8), Fix and Flip, BRRR, new developments and Fund of Funds. With a mission to create long-term value for our investors, we combine in-depth market knowledge with rigorous analysis to generate strong, consistent returns.
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Properties Owned by LLC, Managed by Novaro Capital
60% Novaro Capital
40% Investor
Real Estate Equity Structure
Investor
Novaro Capital
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Transactions/Documentation/Due Diligence
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Capital Structure
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Technical and Legal Responsibility
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Investor Reporting
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Profit Distribution/Reinvestments
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Capital Contribution
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100% Passive Investment
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8% Preferred Return
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LLC Subsidiary
Properties Owned by
Novaro Capital
Private Credit Structure
Investor
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Private Credit Investment
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10% Fixed Return
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Paid Quarterly
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Potential 1-2% Profit Distribution
Investor
Investor
Annualized Returns
8.9%
Private Real Estate
7.2%
US Equities
4.5%
US Fixed Income
56%
of people invest in the stock market
4%
of people directly invest in real estate
56%
of people invest in the stock market
4%
of people directly invest in real estate
Real Estate Investing Benefits
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Historically outperformed US Equities
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Natural inflation hedge
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Lower correlation to public markets
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Income and growth opportunities
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Tax efficient
26%
yearly growth in private fund investments
since 2020
Annualized Returns
8.9%
Private Real Estate
7.2%
US Equities
4.5%
US Fixed Income
26%
yearly growth in private fund investments
since 2020
Market Size
$2.5T
Total Addressable Market
U.S. residential real estate market size
$300B
Serviceable Available Market
Affordable Housing, Fix & Flip, New Development, and other specific strategies within high-growth markets
Serviceable Obtainable Market
Considering Novaro Capital's market entry strategies
$7B
Our Investments
01
Section 8
Novaro Capital focuses on affordable housing through Section 8, where rental income is backed by U.S. government guarantees.
02
Fix & Flip
With a focus on efficiency and market timing, we turn distressed assets into high-demand homes, offering quicker returns for our investors.
03
New Development
Our developments cater to growing demand for quality housing and commercial spaces, offering significant appreciation potential and strong rental income for investors.
04
Fund of Funds
We invest in a curated selection of real estate funds that align with Novaro’s criteria. This approach offers diversification and access to larger portfolios.
What is the Section 8 Housing Program?
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It is a federal housing assistance program in the United States.
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It provides rental subsidies for eligible low-income individuals and families.
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The program is administered by the U.S. Department of Housing and Urban Development (HUD).
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Participants receive vouchers that cover a significant portion of their rent, making housing more affordable.
70% to 100%
of rent covered by HUD
2M
Section 8 tenants
800K
People on the waitlist
800K
People on the waitlist
2M
Section 8 tenants
70% to 100%
of rent covered by HUD
Landlords typically receive annual rent increases of 5% to 8% to keep them engaged in the program.
Target markets generally pay over 110% of the standard market rent.
Why invest in Section 8 properties?
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Recession-Resistant: Even during difficult economic periods, housing under the program remains stable. The government’s commitment ensures consistent rental income.
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Government Financing: Properties in the program are financed by the federal government, minimizing risk for investors.
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Guaranteed Rent: Landlords receive rent payments directly from HUD (Department of Housing and Urban Development), reducing vacancy risks.
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Social Impact: Investing in program properties contributes to community development and affordable housing.
Landlords typically receive annual rent increases of 5% to 8% to keep them engaged in the program.
Target markets generally pay over 110% of the standard market rent.
Why invest in Fix and Flip properties?
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High ROI Potential:
Fix and flip investments offer quick returns by purchasing undervalued properties, renovating them, and selling at a premium. Investors can achieve high profits in short timeframes, especially in high-demand markets.
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Fast Turnaround:
Renovated homes in desirable locations typically sell quickly, often within 30-60 days, allowing investors to capitalize on market momentum and reinvest capital faster.
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Market Demand:
With rising demand for move-in-ready homes in fast-growing cities, like Charlotte and Nashville, fix and flip projects are positioned for success in markets with consistent population and job growth.
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Value Creation:
By improving distressed properties, fix and flip investments create value both for the investor and the community, rejuvenating neighborhoods and increasing property values.
Why invest in New Development (Boutique Hospitality)?
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Growing Demand for Unique Experiences:
With the rise of short-term rentals, travelers are increasingly seeking unique, boutique-style accommodations, driving demand for new developments in getaway destinations and high-demand tourist areas.
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Higher Margins:
Boutique hospitality projects often command premium nightly rates, leading to higher margins compared to traditional residential or commercial properties. This allows for strong rental income and significant appreciation potential.
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Diversified Revenue Streams:
Combining hospitality with real estate creates multiple revenue streams, including short-term rental income, property appreciation, and potentially higher resale values due to market trends.
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Flexible Development Strategy:
These projects can be tailored to various markets, from luxury cabins in remote getaway locations to boutique-style properties in urban centers, offering flexibility and scalability for investors.
Novaro Capital's Operational Fees
2% Yearly Management Fee
20% Performance Fee
10% Property Management Fee
Possible Novaro Investments
Section 8
Case Study
Jacksonville, FL 32225
$199,900
Purchase Price
$40,000
Down Payment
$10,000
Closing Costs
$1,200
Monthly Payments
$2,490
HUD Rent
$10,000
Yearly Cash Flow
20%
CoC Return
Targeted IRR
1.7X
Targeted EM
33%
Why invest in Fund of Funds?
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Diversification Across Multiple Markets:
The Fund of Funds strategy provides investors with access to a diversified portfolio of real estate funds. This spreads risk across different assets, property types, and geographical markets, ensuring a balanced investment approach.
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Access to Expertise and Scale:
By investing in multiple established funds, Novaro Capital leverages the expertise of specialized fund managers while providing exposure to large-scale projects that may be inaccessible to individual investors.
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Reduced Risk Exposure:
Fund of Funds reduces risk by investing in a wide array of properties and markets, offering stability even during economic downturns, and enabling more consistent returns.
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Strategic Partnerships:
Through selective partnerships with high-performing real estate funds, Novaro Capital ensures that only the best opportunities—those that align with our rigorous investment criteria—are pursued.
Fix and Flip
Case Study
Antioch, TN 37013
$229,900
Purchase Price
$46,000
Down Payment
$13,000
Closing Costs
$90,000
Rehab Costs
$2,450
Market Rent
$425,000
Sale Price
$72,000
Potential Profit
Months to Complete
48.32%
Potential ROI
6-9
Our Past Projects
Buy-Rehab-Rent
Truscott Rd - Charlotte, NC
$200,000
Purchase Price
$155,000
Rehab Cost
$750,000
ARV
$3,750
Monthly Cash Flow
Hedgemore Dr Unit - Charlotte, NC
$274,000
Purchase Price
$15,000
Rehab Cost
$310,000
ARV
$2,150
Monthly Cash Flow
$200,000
Purchase Price
$155,000
Rehab Cost
$750,000
ARV
$3,750
Monthly Cash Flow
$310,000
ARV
$2,150
Monthly Cash Flow
$274,000
Purchase Price
$15,000
Rehab Cost
New Development (Hospitality)
Case Study
Charlottesville, VA
$319,500
Land Purchase Price
$64,000
Down Payment
$19,000
Closing Costs
$95,000
Cost per Cabin
10
Cabins
$950,000
Total Cabin Cost
$280,000
Potential Profit
Months to Complete
+40%
Targeted IRR
9-12
$350
Nightly Rate
60%
Occupancy Rate
$750,000
Potential Revenue Y1
Wholesaling
Clarksboro, NJ 08020
$90,000
Assigning Price
$158,000
Wholesale Price
$68,000
Profit
Hollywood, FL 33020
$1,155,000
Assigning Price
$1,200,000
Wholesale Price
$45,000
Profit
3bd, 2ba
2,280 sqft
1bd, 1ba
12 Units
$68,000
Profit
$158,000
Wholesale Price
$90,000
Assigning Price
$45,000
Profit
$1,200,000
Wholesale Price
$1,155,000
Assigning Price
Buy-Rent
La Vergne, TN 37086
$470,000
Purchase Price
$2,950
Rent
Nashville, TN
$352,000
Purchase Price
$2,100
Rent
4bd, 3ba
2,437sqft
4bd, 3ba
1,981sqft
$2,950
Rent
$470,000
Purchase Price
$2,100
Rent
$352,000
Purhcase Price
Build-Rent Section 8
Citrus Springs, FL 34433
$180,000
Construction Cost
$2,100
Rent
4bd, 2ba
1,636sqft
$2,100
Rent
$180,000
Construction Cost
Pedro Alves de Lima
Chief Executive Officer
Gustavo Pincelli
Chief Financial Officer
Paulo Rubister
Chief Operating Officer
Joe Barty-King
Design & Marketing
Renato Burton
Software & Technology
Patrick Collins
Strategic Operations
Our Team
Pedro Alves de Lima
Chief Executive Officer
Gustavo Pincelli
Chief Financial Officer
Paulo Rubister
Chief Operating Officer
Joe Barty-King
Design & Marketing
Renato Burton
Software & Technology
Patrick Collins
Strategic Operations
Rental Management
New York, NY 10002
