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 01/11/2024 16h00
💰 The estimated rate of return is 9.04% per year.
⏱ The duration of the project is ∞
💼 Minimum amount to invest is 50$
Real estate project analyzed by Grégory Vaur involving the purchase of 4 properties in Detroit on 01/11/2024. The project focuses on 3-bedroom properties with decent acquisition prices and consistent rental income. Despite high crime rates, the project has low climate risk and a reasonable budget for renovations.
Type: Rental Investment
Total Funding: $300,484 USD
Capital Repayment: In fine, Interest: 1w
The project involves the acquisition of 4 houses ranging from 96 to 121 m², each with 3 bedrooms located in different neighborhoods of Detroit (population 605,000).
Acquisition at $54k, below market estimations, with a monthly rent of $995. Close to amenities but notable abandoned houses nearby and high renovation budget.
Acquisition at $52k, slightly below market estimates, renting at $1050, situated in a decent neighborhood but close to the airport. Moderate renovation budget.
Acquisition at $56k, below market estimates, rental income of $985. Nearby facilities but risks due to the criminal acts in the area and abandoned properties. Moderate renovation budget.
Acquisition at $53k, lower than market estimates, renting at $985. Surrounding amenities, however, abandoned houses nearby and moderate renovation budget.
The Detroit properties project presents lucrative opportunities despite some challenges. With a strategic approach to renovations and tenant selection, there is potential for steady rental income. Investing in these properties could be a rewarding venture, offering not just financial returns but also an opportunity to contribute to the revitalization of the community. Embrace the journey with optimism and creativity!
For investments over $300, there are additional perks like free access to crowdfunding training and a year-long membership to the Private Investor Club. Seize the opportunity to participate in this project by clicking here!
38 voters
👎53% 👍21% 🤷8% 🏳️18%
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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