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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 9
| 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 21/08/2024 20h00
💰 The estimated rate of return is 12% per year.
⏱ The duration of the project is 14m
💼 Minimum amount to invest is 100€
🤖 Review's summary
The project scheduled for 21st August 2024 at 20:00 with an overall rating: Guarantees a bit weak, coherent exit price, the developer knows the area well (2 operations in his name in the same town), rather low margin in case of discount, and no pre-commercialization.
Type of project: Purchase - renovation/construction - resale
Amount: €174,000 to be financed
Repayment: Capital - In fine, Interests - In fine
Description: The project involves acquiring a 1930s townhouse with a surface area of 110 m² and a 200 m² garden. The goal is to carry out renovations (windows, roof, etc.) and then resell the house.
Sainghin-en-Weppes is a town of around 5600 inhabitants, located 18 km from Lille and 24 km from Lens.
✅ Yield: 12% - very high
✅ Guarantee Type: First-rank mortgage with a coverage of 63% on the acquisition price - low
❗ Pre-commercialization: None
❗ Operator's Health: No available balance sheet
✅ Nearby: Supermarket, school, restaurant, etc.
✅ Exit Price (€2500/m²): Realistic, close to the average price
❗ Margin in Pessimistic Scenario: 3% - relatively low in case of a 10% discount on the sale price
✅ Property Condition: Very good after renovation
✅ No Urban Planning Risks
✅ Project History: 2 operations in their name in the same town, 2 ongoing projects
✅ Financing Status and Operator's Delays: No known delays so far
LTA (Loan to Acquisition): 158% - high
LTS (Loan to Sale): 63% - low
LTC (Loan to Construction Cost): 0%
✅ Operator's Commitment: 27% - high
❗ Delay over 6 months: Data not recorded - check on Tokimo's website
❗ Definite Loss for the Platform: Data not available - refer to the platform's website
💎 BONUS
Referral code: S7WACDYFUH for a 0.50% cashback
➡️ Link: Sign up with the referral code
Overall Opinion: The SAINGHIN-EN-WEPPES project presents promising aspects like a high yield and a realistic exit price. However, certain factors like weak guarantees and potential margin issues in a pessimistic scenario should be carefully considered. The operator's familiarity with the area and past project history are positives. Due diligence is advised before investing in this project.
41 voters
👎49% 👍7% 🤷12% 🏳️32%
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...
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