The project DMF INVEST #4 Nice by Pretup

Review of the project DMF INVEST #4 Nice by Pretup

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 15

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 Grégory Vaur on 22/07/2024

⏰ The project starts on 23/07/2024 17h00
💰 The estimated rate of return is 10.5% per year.
⏱ The duration of the project is 12m
💼 Minimum amount to invest is 20€

🤖 Review's summary

Analysis of DMF INVEST #4 Nice project at Pretup by Grégory Vaur

The project is scheduled to take place on July 23, 2024, at 17:00:00. Overall, it presents good guarantees, with a fairly experienced operator, a reasonable exit price, a decent margin in case of a discount, light construction work, and a company that is heavily indebted but with stock value matching the debt amount.

Description

It involves the acquisition of a three-room apartment (including one in a mezzanine) with a surface area of 82m² on the fourth floor of a building. Minor construction work will be undertaken, and then the asset will be put up for sale.

Location: Nice is a city of around 350,000 inhabitants, located 31 km from Cannes and 20 km from Antibes.

✅ 10.5% Yield -> high.
✅ Yield higher than the average yield (10.11%) of the latest projects at Pretup.

Guarantee Type:

✅ First-rank Mortgage with a collateral coverage calculated on the acquisition price of 101% -> high.
❗ Personal Guarantee, with no information on the operator's net worth.

Operator's Health:

❗ Very high net debt to equity ratio: 86.92.
✅ Moderate net debt to asset ratio: 0.95.

✨ Overall, the project shows great potential with a high yield, realistic selling price, and good margins in various scenarios. The reputation and track record of the operator also inspire confidence. Investing in this project could lead to profitable returns and contribute to the development of the beautiful city of Nice. So, seize this opportunity and invest with optimism!

Historial rates of return Pretup

Investor votes results for the project: DMF INVEST #4 Nice

27 voters
👎30% 👍4% 🤷11% 🏳️56%
To vote :

Grégory Vaur
Grégory, I am 26 years old and have been an investor in real estate crowdfunding, stock markets and crowd-lending for around 1 year. I trained myself by watching videos on these subjects. I am currently registered on the first brick, Clubfunding, Raizers...