The project PARIS 17 by Clubfunding

Review of the project PARIS 17 by Clubfunding

Review's score :

Score details

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 11

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 17/07/2024

⚠️ L'analyse détaillée n'est pas diffusée à la demande de ClubFunding.
➡️ Les discussions et votes sur le projet ont lieu sur le club.

⏰ The project starts on 17/07/2024 17h00
⏱ The duration of the project is
💼 Minimum amount to invest is 1000€

🤖 Review's summary

Analysis of the PARIS 17 project at Clubfunding

Project analyzed by Damien Cuyala. The project is scheduled for July 17, 2024 at 17:00:00.

Overall opinion: 85% Mortgage coverage. Strong commitment from the operator on this operation. Tenant eviction for 30K€ - rent is only 500 Euros for a 55m2 in Paris (will the tenant find such an attractive rent elsewhere?). Good location of the project in Paris - very attractive for resale. Company is in debt.

Project details

👷‍ Type of project: Refinancing
💶 400,000 EUR to be financed
⏰ Capital repayment: In fine. Interests: 1m

Refinancing a property with a real estate developer in the 17th arrondissement of Paris.

Positive Points

✅ High yield.
✅ Yield is above the average yield (10.74%) of the latest projects at Clubfunding.
✅ First-rank mortgage guarantee.
✅ Mortgage coverage: 85% - correct.
✅ Location in a city with over 100k inhabitants, close to various amenities.
✅ Realistic selling price.
✅ High optimistic scenario margin: 37%.
✅ Good condition of the property and surrounding area.
✅ No urban planning risks.
✅ Operator's commitment: 32% - high.
✅ Geopolitical situation: FRANCE.

Concerns

❗ Very high net debt / equity ratio: 70.17.
❗ Prices have decreased by 7.2% in a year.
❗ A few financial ratios, including LTA and LTS, are considered high.

Final Thoughts

The PARIS 17 project at Clubfunding appears to have many positive aspects, including a high yield, good location, and strong operator commitment. Although some concerns exist, the overall potential of the project seems promising. Remember, optimism is key when evaluating investment opportunities, so why not jump in and be part of this exciting venture in the heart of Paris! Don't forget to use the referral code MarcBluerSky to unlock special bonuses and happy investing!

Investor votes results for the project: PARIS 17

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.