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To assign the grades A and E, we use a Bonus/Malus system.
⚠️ Some criteria may be missing in the detailed list below.
⚠️ The scoring model is not suitable for all types of projects.
The total points for this project is 18
| Criteria | Points |
|---|---|
| mortgage coverage | 🟩🟩🟩🟩🟩🟩🟩🟩🟩🟩 |
| optimistic scenario margin | 🟩 |
| pre-commercialization | ∅ |
| track record | 🟥 |
| location | 🟩🟩 |
| in the vicinity | 🟩 |
| yield | 🟩 |
| LTA | ∅ |
| LTS | 🟩 |
| operator commitment | 🟩 |
| sales price | 🟩 |
| permanent loss | 🟩 |
| late projects | 🟩 |
| price trend | 🟥 |
| urban planning risk | ∅ |
| debt to equity | ∅ |
| debt to asset | ∅ |
This review is proposed by Damien Cuyala on
⏰ The project starts on 21/06/2024 11h30
💰 The estimated rate of return is 11.5% per year.
⏱ The duration of the project is 18m
💼 Minimum amount to invest is 100€
🤖 Review's summary
The project is scheduled for June 21st, 2024 at 11:30:00. Overall, it presents a good guarantee with a solid mortgage coverage of 115% and no need for renovation. The resale price falls within the lower range of the market price with a significant margin of 46%! One point of caution is the possibility of tenant eviction, but the property developer has set aside a substantial amount of €20,000 for this. Financially well-managed company. This project is a real gem!
👷 Project Type: Buy and sell without renovations
💶 EUR 130,000 to be financed
⏰ Capital Repayment: In fine. Interests: 1 year In Fine.
The operation "Rue du Dragon" involves refinancing the acquisition of a 24 sqm studio at 9 Rue du Dragon in Paris (75006). It aims to refinance the equity invested during the property purchase.
✅ 11.5% Yield -> High
✅ Yield exceeds the average yield (11.09%) of recent projects at Baltis
Guarantee Type: First-rank mortgage
✅ Mortgage coverage: 115% -> High
❗ Pre-commercialization: None. Pre-sold at 0% with no suspensive conditions
✅ Company's financial health: Equity amount (€205,264), net debt ratio (€129,478)/equity < 2.5
✅ Location: City with over 100k inhabitants
✅ Nearby amenities: shops, schools, universities, restaurants, hospitals, sports facilities, airport, train station
✅ Realistic selling price (Resale close to the lower market price range at €15,833/sqm, market price at €15,134/sqm)
❗ Prices have declined by -7.9% over a year
✅ Optimistic scenario margin: 46% -> High
This project at Rue du Dragon seems like a fantastic opportunity with a high yield, excellent financial guarantees, and a well-managed operation. The potential margin of 46% on the resale is very promising, despite the slight concern about tenant eviction. With no need for renovations and a solid financial standing of the company involved, this project shines like a real gem in the investment landscape. I would definitely consider investing in this project to reap the benefits of its high returns and low risks.
59 voters
👎29% 👍44% 🤷15% 🏳️12%
To vote : 
Damien Cuyala
Damien, 41 years old, I am a business manager in nuclear valves, I also have a company in the distribution of everyday products in short circuits with the credo of "made in France". I started at a young age to learn how to invest in the stock market in dividend stocks, ETFs, and from 2021 on small cap equity strategies, and recently I have been learning about options. In June 2022, I started real estate crowdfunding and I have invested a little over 73 Keuros since then, my investments are distributed across the following platforms: ClubFunding, Raizers, La Première Brique, Upstone, Baltis. I attach great importance to spending time analyzing each project before making the best decision for my investments. Finally, I also have investments in crowdlending, mainly on Lendermarket to diversify my assets as much as possible.
The votes take place in the Objectif-Renta Investors Club.
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