58-66 Darwin St, Birmingham
Funded
Total Fund
* Projected return to be paid as a capital gain if circumstances make it possible to do so
Property name: Darwin Street
Address: Birmingham
Property type: Flat - Purpose built
Property age: 2000+
Market type: Young professionals
Purchase Price | £1,200,000 |
Stamp Duty | £54,000 |
Legal & Professional Fees | £1,074,530 |
Development Costs | £12,428,871 |
Contingency Allowance | £558,242 |
CrowdLords Fees | £112,500 |
Total Investment | £15,428,513 |
Less Finance & Deposits | -£13,177,891 |
Remaining Funds Required * | £2,502,520 |
Ordinary A Shares - Developer Equity | £1,252,520 |
Ordinary B Shares - Crowd Equity | £525,000 |
Ordinary C Shares - Crowd Equity | £200,000 |
Redeemable A Shares | £200,000 |
Redeemable B Shares | £200,000 |
Value Creation | £18,568,733 |
Gross Development Profits | £3,140,590 |
Finance Costs | £1,911,246 |
Sales Cost | £46,196 |
CL Growth Fees | £21,580 |
Corporation Tax | £220,698 |
Net Profits after Tax | £940,870 |
Share of Net Profits Paid | 56.54% |
Total Distribution to Crowd Shares | £532,000 |
Capital Return to Redeemable Class B Investors | £42,000 |
Investment Period | 18 Months |
Projected Total Return | 21.0% |
Projected Annualised Return | 14.0% |
Market Sensitivity – the less the return is impacted by changes in Market prices, the lower the riskWe combine these into a weighted rating between A and E and show how the Risk / Return compares with what we would expect.
Cost Sensitivity – the less the return is impacted by any increases in cost, the lower the risk
Time Sensitivity – the less the return is impacted by any extensions to the time line, the lower the risk
Minimum Preferred Return – the higher the minimum preferred return as a proportion of the projected return, the lower the risk
Track Record – the greater the experience of the Developer, the lower the risk.
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