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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 13
| 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 02/09/2024 10h00
💰 The estimated rate of return is 11% per year.
⏱ The duration of the project is 9m
💼 Minimum amount to invest is 100€
🤖 Review's summary
In this project, scheduled for September 2, 2024, at 10:00:00, we are looking at a first-rank mortgage (64% mortgage coverage) property located in the city center of Rouen, with many amenities nearby. 100% of the pre-commercialized turnover is secured through letters of intent (LOI). There is a somewhat low margin in case of a discount, but the exit price is coherent. The operator also has multiple ongoing projects.
Project Type: Buy - renovation/construction - resale
Amount: 385,000 EUR to be financed
Repayment: Capital in Fine, Interest in Fine
Description: The project entails acquiring a 191 m² building, renovating it, and then selling it as 6 separate units (studios and T2) using the Malraux tax scheme.
Location: Rouen is a city with around 116,000 inhabitants, located 91 km from Le Havre and 81 km from Beauvais.
✅Positives: High yield of 11%, above the average yield of the latest Stomea projects. The property is well-located in the city center near key amenities.
❗Negatives: The mortgage coverage is relatively low at 64%, and there is a lack of financial statements from the operator. In case of a 10% discount, the margin is considered low.
🌟Conclusion: Despite some risks and uncertainties, the project presents a promising investment opportunity with a high yield and a realistic exit price. With a reputable operator and a good location, the potential for a successful outcome is bright. Remember, nothing ventured, nothing gained! 🚀
💎 BONUS
➡️ For the first project: 2% cash back with referral code MBS1.
➡️ For all projects: 1% cash back with code MBS.
Referral code: MBS
Sign up here.
37 voters
👎32% 👍11% 🤷16% 🏳️41%
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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