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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 10
| 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
⏰ The project starts on 26/07/2024 10h00
💰 The estimated rate of return is 11% per year.
⏱ The duration of the project is 12m
💼 Minimum amount to invest is 1€
🤖 Review's summary
On the 26th of July 2024, Grégory Vaur analyzed the project "Le Poète chez La première brique" with a positive overall assessment. The project involves acquiring a building with 13 apartments, 2 commercial spaces, and one retail space for a total area of about 361m². The goal is to renovate and sell the units individually after refurbishing some and upgrading the facade.
The asset is located in the 3rd arrondissement of Paris in the Marais district, near the Centre Pompidou and various amenities.
The project requires a financing of 630,000 EUR with repayment of capital and interest being in fine. The expected return on investment is 11%, considered high. The mortgage coverage is adequate at 79%, with two personal guarantees but no information on guarantors' net worth provided. There is no pre-commercialization, but offers have been rejected for being too low. The operator, while highly indebted, is experienced and has a substantial stock.
Despite a high level of debt, the operator has a moderate debt-to-assets ratio and a good track record in similar projects. The location is in a bustling area with realistic resale prices. The property is in good condition, requiring minimal renovation costs, and there are no urban risks. Additionally, the platform's reputation is excellent, with low delays and no permanent losses.
The potential scenarios show a high margin in the optimistic case and a decent margin in the pessimistic one. The historical data on the operator's performance is reassuring, with no known delays in ongoing projects. The bonuses offered for investing in the project add an extra incentive for potential investors, providing opportunities for increased returns.
In conclusion, "Le Poète chez La première brique" looks like a promising project with a solid foundation, experienced operators, and good growth prospects. The potential for high returns, combined with the attractive location and minimal risks, makes this investment opportunity worth considering. So, don't miss out on this exciting venture and join in on the journey to success!
54 voters
👎56% 👍13% 🤷20% 🏳️11%
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...
➡️ My review of La premiere brique
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