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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 27
| 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 29/10/2024 10h00
💰 The estimated rate of return is 11.5% per year.
⏱ The duration of the project is 8m
💼 Minimum amount to invest is 1€
🤖 Review's summary
On October 29, 2024, at 10:00 AM, this project involves the acquisition of 2 buildings with various units for resale without renovations. The total amount to be financed is 141,000 EUR. The repayment of the capital and interests will be "in fine."
The project is located in Firminy, a town with around 17,000 residents situated 15 km from Saint-Étienne.
This project presents several positive aspects, such as good guarantees, 100% pre-commercialized revenues through sales promises, a committed operator, and a slightly lower real estate price in the area. Despite the need for future buyers to undertake some renovation work, there is a 14% margin in case of a discount.
The high yield of 11.5% is above the average yield of previous projects at La premiere brique, which is a good sign. Additionally, the first-ranking mortgage with a coverage calculated at 117% and the solid financial health of the operator provide a sense of security.
Moreover, the realistic selling price of the apartments below the lower range allows room for necessary renovations, potentially attracting buyers. The project is simple, involving the purchase and resale without significant construction work, which is a positive point.
With 3 units already occupied by tenants and an on-time track record of the operator, along with low loan ratios and good platform quality, this project seems promising. I believe it offers a great opportunity for investors looking for a solid return and a straightforward investment. The bonuses available also add a nice touch to the overall attractiveness of the project. Cheers to successful investing!
43 voters
👎30% 👍30% 🤷19% 🏳️21%
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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