Residential Property Secured Finance DAC (trading as RentFlow) has announced that it has established a new secured loan note investment offering for its North Circular Road portfolio.
456 North Circular Road
5 for 5 Series 2 – Dublin NCR Portfolio
Following the success of Series 1, where RentFlow was fully subscribed for €6,2 million in March 2022, Series 2 is now being launched. "We expect Series 2 to be attractive once again to those investors searching for hassle-free fixed income, especially against the backdrop of uncertainty in other investment asset classes," says Colm Morgan, Chief Financial Officer.
‘We provide a low-risk alternative to direct property investments by converting the rental income from positive cash-flow properties into fixed monthly income for cash and pension investors ‘
Rentflow is a low-risk, hassle-free alternative for professional investors to invest in the Dublin rental market, making the multi-family house asset class more accessible. Rentflow 5 for 5 Series 2 offers investors fixed monthly rental income from its professionally managed portfolio of residential properties on North Circular Road in Dublin City Centre with a minimum investment of €100,000.
Monthly Fixed Income
From March 2022 each investor in RentFlow Series 1 started receiving their fixed monthly payment directly into their bank account, and will continue to do so for the next 59 months. The total investment was limited to a maximum of €6.2m with an average investment of €200,000 from both pension and cash investors, located in Ireland and internationally. Building on this success Series 2 is now being launched with a similar offering.
‘Earn a fixed return of €25,000 for every €100,000 invested’
"By replacing our bank, loan note holders are assured of being paid first every month and are always secured with first legal charge," he continued.
384 North Circular Road
Basic Information – Facts & Figures
Name: RentFlow 5 for 5 Series 2 - Dublin NCR Portfolio
Minimum Investment: €100,000
Loan Issuer: Residential Property Secured Finance DAC (trading as RentFlow)
The Assets: 26 APARTMENTS & 1 RETAIL UNIT
Asset Owner: Capital City Investment Partners No.2 Limited (CCIP2)
Loan Note Fixed Annual Interest Rate: 5% (payable in 60 fixed monthly instalments)
Fixed Term: 5 years
First Legal Charge over CCIP2’s assets and the rental income account i.e., full asset backed security.
Loan Note Amount: €5.9m
Independent Market Valuation: €6.6m
Capital Security Buffer: 112%
Current Annual Rental Income: €462,000
Annual Interest Payable to Investors at 5% p.a. : €295,000
Debt Service Ratio (DSR): 156%
Request an Information Pack
Key Features of Series 2
1. Simple and secure Irish investment in the Dublin rental market
2. Immediate monthly income from positive cash flow city centre properties
3. There are no fees, no exit costs, and capital is repaid in full at the end of the investment term
4. Investors get paid first every month and always have first legal charge
5. Experienced management team and independent investment oversight, putting investors first
6. A hassle free alternative to Buy-to-Let investments, RentFlow is popular with both direct cash and pension investors, especially ARF, PRBs and PRSAs.
‘We benefit from working with expert teams at every stage of our business. ‘
Key to the success of RentFlow is seeking out partners to be able to do things we wouldn’t be able to on our own, to expand our skillsets, resources and offerings. That’s how we create something of value. We work with the best partners in Dublin to build something that is both interesting and secure for Irish investors.
Register for an information pack
Closing Date on 31st July 2022 (or earlier if fully subscribed).
• This Secured loan note is considered as a medium to low-risk alternative investment and is available to Qualified investors only.
• The Minimum Investment Amount is €100,000. • Individuals, Corporates and Pension investors
Ready to start earning?
Call, email or come in for a personal consultation, we’d love to meet you.
T: +353 (0) 1 961 9413
E: info@rentflow.ie
A: The Masonry Building, 151-156 Thomas St., Dublin 8, Ireland