The project Maison Lespinasse by Bricks

Review of the project Maison Lespinasse by Bricks

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 12

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 Jordan R on 02/11/2024

⏰ The project starts on 05/11/2024 12h30
💰 The estimated rate of return is 11% per year.
⏱ The duration of the project is 12m
💼 Minimum amount to invest is 10€

🤖 Review's summary

Analysis of Maison Lespinasse Project at Bricks

Project Analysis: Maison Lespinasse at Bricks by Jordan R

Project Overview

The project scheduled for 2024-11-05 at 12:30:00 involves buying and reselling a house without any renovation work.

Positive Aspects

Good pre-sale with an offer of €254,000, covering almost the crowdfunding loan.
Strong guarantees with a first-rank mortgage and a €30,000 escrow for interest payments.
High return at 11%, exceeding the average return of recent projects at Bricks.
Realistic selling price, optimizing resale without significant renovation costs.
Positively rated neighborhood with nearby amenities.

Areas of Concern

Very low personal contribution of €2,000 may pose a risk.
Pre-selling at 91% with financing conditions pending.
Missing information on operator's health and potential delays.
High loan ratios may indicate financial strain on the project.
No interior photos, slightly outdated exterior, and a slight decrease in prices over the last year.

Project Opinion

The Maison Lespinasse project at Bricks presents a promising opportunity with a high return rate, realistic pricing, and no renovation requirements. While there are some areas of concern such as low personal contribution and high loan ratios, the overall potential of the project seems strong. The neighborhood's positive attributes and the operator's track record add to the project's credibility. With careful monitoring and due diligence, this project has the potential to yield positive returns for investors. Invest with confidence and explore the opportunity to be part of this exciting venture!

Bonus

Get a bonus of 1% of the invested amount with the code MARMEG30! Sign up here.

Historial rates of return Bricks

Investor votes results for the project: Maison Lespinasse

25 voters
👎44% 👍20% 🤷4% 🏳️32%
To vote :

Jordan R
Jordan, 35 years old, electronics engineer by training. I currently live from my passions as a ski instructor and canyon guide. Investor in the stock market (stock/ETF), physical real estate and more recently in real estate crowdfunding since 2020. I mainly invest on the platforms: ClubFunding, Lapremierbrique and Upstone. My crowdfunding portfolio is over 100k