American Dreamhouse- Boeing Ave
Early Stage
Residential fix and flip project near LA's tech hub
Overview
Raised: $106,880
Total Commitments ($USD)
Platform
Republic
Start Date
11/17/2020
Close Date
12/31/2020
Min. Goal
$106,880
Max. Goal
$106,880
Min. Investment
$251
Security Type
Equity - Common
Series
Pre-Seed
SEC Filing Type
RegCF
Price Per Share
$3.34
Rolling Commitments ($USD)
Status
Funded
Reporting Date
12/30/2020
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$2,486
# of Investors
264
Momentum
Funded
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Year Founded
2020
Industry
Real Estate & Construction
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Medium
Capital Intensity
High
American Dreamhouse- Boeing Ave, a residential fix and flip project in Los Angeles, is raising funds on Republic. The property is located at 7810 Boeing Avenue and is currently a 3-bedroom single-family home with a pool. After the renovation, the property will be converted into a 4-bedroom single-family home with a renovated pool and an outdoor entertaining space. The renovation will be carried out by Megan Blu of Meg Blu Home. The current round of crowdfunding has a minimum and maximum raise of $106,880, and the proceeds will be used for the complete renovation of the property. American Dreamhouse- Boeing Ave is expected to generate a quick return of capital with target closing in less than 12 months.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$0 |
$0 |
|
COGS |
$0 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$0 |
$0 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$0 |
$0 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$0 |
$0 |
|
Short-Term Debt |
$0 |
$0 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$0 |
$0 |
Financials as of: 11/17/2020
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