The project CHÂLONS-EN-CHAMPAGNE by Tokimo

Review of the project CHÂLONS-EN-CHAMPAGNE by Tokimo

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 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 12/09/2024

⏰ The project starts on 12/09/2024 20h00
💰 The estimated rate of return is 11% per year.
⏱ The duration of the project is 12m
💼 Minimum amount to invest is 100€

🤖 Review's summary

Project Analysis of CHÂLONS-EN-CHAMPAGNE at Tokimo by Grégory Vaur

The project is scheduled for September 12, 2024, with an overall positive assessment. It offers adequate guarantees, a coherent selling price, and is located in the city center near many amenities. The high margin, even in case of a discount, and the pre-commercialization of 100% of revenue are promising factors. However, there is limited experience as a property merchant and the building permit is still being processed.

Project Details

Type of Project: Purchase - renovation/construction - resale

Amount to Finance: 68,000 EUR

Repayment: Capital in fine, interests in fine

Description: The project involves acquiring a building with three floors, including a commercial space on the ground floor and three apartments, one per floor, totaling 139 m². A building permit for changing the facade and windows is being obtained with the goal of selling the entire property in one block to an investor after the permit is cleared.

Location: Châlons-En-Champagne is a city of around 44,000 inhabitants, located 62 km from Saint-Dizier and 48 km from Reims.

Positive Aspects

Rental Yield: 11% - high
Strong Guarantees: First-rank mortgage with coverage calculated on a purchase price of 88%
Location: City center with proximity to essential services
Realistic Selling Price
Significant Margins in Optimistic and Pessimistic Scenarios
Operator's Commitment: High at 24%

Concerns and Considerations

Limited Operator Experience in Property Trading
Building Permit Still in Processing Stage
No Information on Net Worth of Guarantors
Property Sold 'as is' with possible renovations needed

My Opinion

Overall, the CHÂLONS-EN-CHAMPAGNE project at Tokimo presents a promising opportunity despite some reservations. With a sound financial structure, strong pre-commercialization, and commendable margins, it has the potential to yield significant returns. The location in the city center and the realistic selling price further enhance its attractiveness. While the operator's limited experience and the ongoing permit process raise slight concerns, the project's positive aspects outweigh these challenges. I believe that with the right management and attention to detail, this project can be a successful venture for investors looking for a high-yield property opportunity.

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Historial rates of return Tokimo

Investor votes results for the project: CHÂLONS-EN-CHAMPAGNE

31 voters
👎39% 👍23% 🤷6% 🏳️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...