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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 22/10/2024 10h00
💰 The estimated rate of return is 11.5% per year.
⏱ The duration of the project is 18m
💼 Minimum amount to invest is 1€
🤖 Review's summary
On the 22nd of October 2024 at 10:00:00, Grégory Vaur analyzed the project "Le Braséro" at La Premiere Brique. The overall assessment highlights a second-ranking mortgage (38% mortgage coverage at the start of operation), coherent exit price, 81% of pre-commercialized turnover via purchase offers (subject to financing conditions), a rather experienced operator, located in a small town with few amenities nearby, a 14% margin in case of a 10% discount on the selling price, and refurbishment works for future buyers to consider on some lots.
Type of Project: Purchase - renovation/construction - resale
Amount to be Funded: €86,000
Repayment: Capital: In fine, Interest: In Fine
Description: The project involves the purchase of a 294 m² house comprising 5 apartments to be converted into condominiums, with renovation works planned for the common areas.
Location: Péroy-les-Gombries is a small town with approximately 1200 inhabitants located 58 km east of Paris.
✅High Yield: 11.5% - above the average yield of the latest projects at La Premiere Brique
✅Guarantee Type: Second-ranking mortgage with 38% coverage - low
✅Operator's Health: Net debt/equity ratio is correct at 1.33, low net debt/assets ratio at 0.39
❗Location: Town with less than 10k inhabitants
❗Amenities: Few amenities in the town but several in neighboring towns (school, supermarket, etc.)
✅Realistic Selling Price: Slightly below the average price but in line with market trends
✅Optimistic Margin: 23%
❗Property Condition: Generally good, but refurbishment works required on some lots
✅Construction Works Cost: 14% of the total cost
✅Experienced Operator: With a good track record
❗LTA: 115% - high
✅LTS: 66% - low
✅Operator's Commitment: 15% - high
✅Platform Quality: Low delays and no losses at La Premiere Brique
This project seems to have a lot of potential with a high yield, realistic selling price, and an experienced operator. Despite some minor concerns like the lack of amenities in the immediate vicinity and the need for refurbishment in certain areas, the overall analysis looks promising. With a strong pre-commercialization rate and a good margin even in pessimistic scenarios, investing in "Le Braséro" could be a worthwhile opportunity. Plus, who doesn't love a good renovation project in a charming French town? Don't miss out on the chance to be part of this exciting venture!
Invest with confidence, and let's turn this project into a flaming success!
BONUS: Sign up with code 6PNX38 and invest with code MBS for additional benefits!
45 voters
👎62% 👍11% 🤷18% 🏳️9%
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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