Access
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 8
| 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 19/06/2024 17h00
💰 The estimated rate of return is 9.5% per year.
⏱ The duration of the project is 24m
💼 Minimum amount to invest is 1000€
🤖 Review's summary
The project is scheduled for June 19, 2024, at 17:00. It involves the renovation/construction and resale of a building in Suresnes (92), to create a student residence with 144 units and 90 parking spaces.
Overall assessment: The project has low guarantee, minimal commitment from the operator, well-located operation, no information on the company's financial health, and the exit price is above the local market's high price range. Fully commercialized for rent, not for sale.
The project presents a yield of 9.5%, which is below the average yield of the latest projects at Homunity (10.75%). It comes with a caution guarantee and is pre-marketed 100%, without suspensive conditions. The project is in a city with over 10,000 inhabitants, surrounded by essential amenities. However, the optimistic exit price and a decrease in prices over one year pose some risk.
The operator's commitment is rated low at 1%, and the LTA (Loan to Acquisition) is high at 202%. On the positive side, the LTS (Loan to Sale) is low at 60%. The operator has a history of over 10 similar operations and has no reported losses with Homunity.
In conclusion, while The Place 2 project offers some promising aspects such as a good location and realistic construction duration, there are concerns regarding the operator's commitment, financial transparency, and pricing strategies. Investors should carefully consider these factors before participating in this project.
What do you think about this project? Share your thoughts with us!
37 voters
👎70% 👍3% 🤷3% 🏳️24%
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.
➡️ Search for previous reviews of chez Homunity
Join the group on TelegramBy joining the club, you join a community of investors driven by the same interests and passions.
