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 17
| 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 Jordan R on
⏰ The project starts on 03/07/2024 15h00
💰 The estimated rate of return is 11.5% per year.
⏱ The duration of the project is 5m
💼 Minimum amount to invest is 1€
🤖 Review's summary
The project is scheduled for July 3, 2024, at 3:00 PM.
Global rating: Good buy-and-sell project with a change of destination without any renovation work.
Negative point: Slightly low operator commitment (13%).
Positive points: No renovation work required, exit price below the lower range, 90% mortgage coverage, fully pre-commercialized with financing suspensive condition, operator has successfully reimbursed 3 projects at La Premiere Brique.
👷 Project Type: Buy - Sell without renovation
💶 133,000 EUR to be financed
⏰ Capital repayment: In Fine. Interest: In Fine.
✅ Yield 11.5% -> high.
✅ Higher yield compared to the average yield (11.11%) of recent projects at La Premiere Brique
Guarantee Type: First-rank mortgage
✅ Mortgage Coverage: 90% -> good
✅ Pre-commercialization: promise. Fully pre-commercialized with suspensive conditions: financing approval
❗ Company's Health undertaking the operation: Equity amount (4884€), net debt/equity ratio > 2.5 = 15 companies with debt but low in value (74577€).
❗ Location: town with less than 10k inhabitants: 1 Rue de Blangy, Calonne-Ricouart, Hauts-de-France
✅ Nearby: shops, schools, restaurants
✅ Exit Price: pessimistic 662 €/m2
Average m2 price 1,375 € from 774 € to 1,980 € (meilleursagents)
❗ Prices have decreased by 1.6% in the past year.
✅ Optimistic scenario margin: 15% -> good margin
❗ Pessimistic scenario margin (+10% work amount, -10% discount): 6% -> good margin
❗ Property condition: secondary renovation necessary
✅ Street and neighborhood condition: residential area
✅ Urban planning risk: urban planning authorization obtained
✅ Historical project holder: over 3 similar operations
Including 3 projects already reimbursed at La Premiere Brique
✅ Work difficulty: no renovation needed
❗ LTA (Loan to Acquisition): 110% -> high
❗ LTS (Loan to Sale): 73% -> high
❗ Operator commitment: 13% -> low
Geopolitical Situation:
✅ 3.1% of delays over 6 months at La Premiere Brique -> low
✅ 0% permanent losses at La Premiere Brique -> low
There are 2 BONUSES
➡️ Registration BONUS. +1% additional yield upon registration by clicking on the link below: referral code 6PNX38
➡️ Project specific BONUS. +1% Enter referral code MBS for each investment to receive an additional 1% yield. This only applies to certain projects.
The referral code is MBS
➡️ The link is here: Sign up here
49 voters
👎24% 👍39% 🤷16% 🏳️20%
To vote : 
Jordan R
Jordan, 35 years old, electronics engineer by training. I currently live from my passions as a ski instructor and canyon guide. Investor in the stock market (stock/ETF), physical real estate and more recently in real estate crowdfunding since 2020. I mainly invest on the platforms: ClubFunding, Lapremierbrique and Upstone. My crowdfunding portfolio is over 100k
➡️ My review of La premiere brique
The votes take place in the Objectif-Renta Investors Club.
➡️ Search for previous reviews of chez La premiere brique
Join the group on TelegramBy joining the club, you join a community of investors driven by the same interests and passions.
