Nordstreet guarantees safe investment - without collecting the required funds until the start of the project, i.e. December 7th all investments will be returned to the invested people back.
The object of the loan is a commercial building with land located in Dainava (Kaunas), whose financing for the mortgage is new construction of a washer.
The loan amount is 230,000 Eur (two hundred and thirty thousand euros).
The maturity of the loan is 36 months.
The loan return on investment is 9% annual interest rate.
Loans are mortgaged property - a building and land with an asset value of EUR 328,000 (three hundred twenty eight thousand euros).
The ratio of LTV (loan-to-value) to 70%.
The interest on the loan is repaid each month from the monthly rental income of a current car wash rent, which amounts to 2600 + VAT in a month. The loan is repaid at the end of the project, after the sale or refinancing of the project.