Capital secured. Income assured
Following the success of our fully subscribed SERIES 1,
SERIES 2 is now open.
Earn fixed monthly rental income from our Dublin 7 portfolio
Pension Approved
PURE INCOME
Professional team specialising in pure income investments
PASSIVE INCOME
No landlord duties, maintenance, or RTB responsibilities
CAPITAL SECURED
INCOME ASSURED
Investors are always
top of the stack with
triple-locked securities
First to be paid from
positive cash-flow properties
You replace our bank and make 25% passive income on your investment
Similar to a bank mortgage Senior Debt investors are always first to be paid every month.
Simple and secure Irish investment into the Dublin rental market
Investors get paid first every month and always have first legal charge
Immediate monthly income from positive cash flow city centre properties
Experienced management team, independent investment oversight, putting investors first
There are no fees, no exit costs, and capital is repaid in full at the end of the investment term
A popular low risk and hassle free investment for Buy-to-let and ARF pension investors
SERIES 2, DUBLIN NCR PORTFOLIO
Calculate Your Fixed Monthly Returns
RentFlow offers these excellent returns without the expense or hassle of directly owning a property, with RentFlow 5 for 5 allowing you to receive 5% per annum each year for 5 years. Interest is paid directly into your bank account every month from the date of issue. The interest rate will remain the same for the duration of the secured loan notes period.
Fixed Monthly Returns
RentFlow Series 2 - Dublin NCR Portfolio
Request a call back: Find out how to earn a fixed 5% p.a for the next 5 years from the Dublin rental market.
Monthly Passive Income
Each RentFlow 5 for 5 investor receives monthly payments from the rental income of our investment portfolio at a fixed income rate of 5% p.a. for a fixed term of 5 years.
Investment Amount | Monthly Income | Annual Income | 5 Year Income | Total Returns |
|---|---|---|---|---|
€100,000 | €417 | €5,000 | €25,000 | €125,000 |
€250,000 | €1,024 | €12,500 | €62,500 | €312,500 |
€500,000 | €2,084 | €25,000 | €125,000 | €625,000 |
Investors in RentFlow benefit from assured monthly passive income.
5% p.a payable for 5 years
1st legal charge
Fixed monthly payments
Suitable for Private, Pensions & Corporates
SERIES 2, DUBLIN NCR PORTFOLIO
Information Pack
RentFlow 5 for 5 - Series 2
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5 year secured (asset backed) loan note.
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Earn 5% fixed p.a. paid monthly.
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Secured by first charge over tenanted apartment buildings in Dublin.
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Low risk alternative to direct property investment.
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Invest from €100,000* - €500,000.
CLOSING DATE: 28th October 2022
Asset Analysis, Structure, Keys Figures & Securities
Basic Information
Facts and Figures
Name:
RentFlow 5 for 5 Series 2, Dublin NCR Portfolio
Loan Issuer:
Residential Property Secured Finance DAC (trading as RentFlow)
The Asset:
The three buildings at 384 NCR, 456 NCR and 1 Hollybank Rd.
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Multi Family Homes with 27 affordable units.
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Low supply and high demand for good quality residential rental properties in this area.
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Huge catchment area for professional tenants (close to Mater hospital and large employers in IFSC, Silicon Docks etc.).
Loan Note Fixed Annual Interest Rate:
5% p.a. (payable in 60 fixed monthly instalments)
Expected Term:
5 years
Security
First legal charge over the borrower’s asset and the rental income account i.e., full asset backed security.
Loan Note Amount: €5,900,000
Independent Market Valuation: €6,600,000
Capital Security Buffer: 112%
Current Annual Rental Income: €462,000
Interest Payable to Investors: €295,000
Debt Service Ratio: 156%
Chief Financial Officer
Email: colm@rentflow.ie
Phone: +353 (0)1 961 9413
Colm Morgan, FCCA
Rent Flow
151-156 Thomas Street, Dublin 8, D08 PY5E
Email: info@rentflow.ie
Phone: +353 (0) 1 961 9413
SERIES 2, DUBLIN NCR PORTFOLIO
Key Information
LOAN NOTE SERIES
RentFlow 5 for 5 Series 2 Secured Loan Note - 2027
LOAN ISSUER
Residential Property Secured Finance DAC (trading as RentFlow)
PURPOSE
Funds to be used to refinance existing finance facilities
INVESTMENT STRATEGY
Asset Management opportunities to increase rental income. Rents below local market rents North City Portfolio. Current rents c. 5% below RPZ, maximum allowable for 2020/21. Once at RPZ maximum - increase with RPZ rules
ASSET QUALITY
Low risk, multi-family residential property with 27 units. Rental Income of c. €462,000 per annum, High yielding property, with steady cashflow and low impact of COVID-19, 99% Occupancy during COVID-19 pandemic, Fully tenanted with mix of single/couple occupancy studio and 1 beds, Located in high demand Dublin city locations beside large hospital and employers, Properties passed Due Diligence by existing finance lender on acquisition
UNDERLYING ASSETS
The three buildings at 384 NCR, 456 NCR and 1 Hollybank Rd and leases held by CCIP2
ASSET OWNER
Capital City Investment Partners Ltd NO2.
ASSET VALUATION
€6,600,000
TOTAL LOAN NOTE
€5,900,000
CAPITAL SECURITY BUFFER
112%
CAPITAL SECURITY 1
1st legal charge (mortgage) over the underlying assets, leases and shares of CCIP2.
CAPITAL SECURITY 2
Building Insurance Policy: Joint loss payee and interest noted in favor of Security Trustee (on behalf of the loan note holders)
CAPITAL SECURITY 3
Security of CCIP2’s bank accounts as well as the restricted bank a/c of CCIP2 in the Loan Issuers Name
TARGET RENT
€462,000 per annum
LOAN INTEREST
€295,000 per annum
DEBT SERVICE
156%
DEBT SERVICE RENT
63%
INCOME SECURITY 1
First ranking, preferential payee over shareholders and any other junior debt
INCOME SECURITY 2
Security of the borrowers bank accounts as well as the restricted bank a/c of the borrower held in the Loan Issuers Name
INVESTMENT TERM
5 Years
ANNUAL FIXED INTEREST RATE
5%
RETURNS
Fixed interest paid to loan note holders monthly in arrears
CURRENCY
Euro
MINIMUM INVESTMENT
€100,000
AVAILABILITY
Private Professional Investors; Corporate; Family Trust; Pension/Post Pension/ARFs/AMRFs
FUNDS FLOW
Loan note funds are sent to the restricted Irish bank account of the Loan issuer which is solely used for the Loan Note Series 2. This bank a/c is jointly controlled with the independent security trustee with the funds disbursed to agreed parties once the securities are in place.
EXPECTED IRISH TAX TREATMENT
Income tax, where applicable in Ireland
EXPECTED INTERNATIONAL TAX TREATMENT
Subject to individual tax residency and Double Taxation Agreements with Ireland.
EXIT OPTIONS
1. New series issue, 2. Refinance of portfolio, 3. Sale of entire portfolio
An investment in Rendlow is not a regulated investment.
It is an unquoted investment where you may lose all or part of your investment. While the loan notes are secured against the property, in the event of default there is potential to lose all or part of your investment.
The investment is therefore only suitable for certain investors who have sought specific advice prior to the investment based on their own particular circumstance.
