Temple I on Wefunder 2022

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Temple I on Wefunder 2022


Safety Sort

Fairness – Widespread

Pre-Cash Valuation

$1,177,750

Reporting Date

11/05/2022

Probability of Max

Momentum

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Location

New York, New York

Trade

Actual Property & Building

Temple I, with a valuation of $1.18 million, is elevating funds on Wefunder. It’s a pupil housing improvement and coliving incubator for Temple U entrepreneurs. The event covers 10,000 sq. foot, 17-bedrooms items straight throughout Temple College. Temple I has 100% occupancy with 4 grasp leases and has reported a 150% valuation improve since 2020. Philip Michael and Martin Braithwaite of NYCE based Temple I in June 2020. The present crowdfunding marketing campaign has a minimal goal of $50,000 and a most goal of $250,000. The marketing campaign proceeds can be used for capital reserves, authorized and admin bills, and advertising and marketing properties.

Abstract Revenue and Loss Assertion

Income

$31,689

$0

COGS

$0

$0

Tax

$0

$0

 

 

Web Earnings

$-17,757

$0

Abstract Steadiness Sheet

Money

$53,559

$14,961

Accounts Receivable

$0

$0

Complete Property

$1,745,819

$1,539,901

Quick-Time period Debt

$0

$1,176,325

Lengthy-Time period Debt

$1,400,000

$0

Complete Liabilities

$1,400,000

$1,176,325

Financials as of: 11/04/2022

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Increase Historical past

Temple I 04/30/2023 Wefunder $1,177,750 $0 Fairness – Widespread
Energetic
RegCF
Temple I 11/24/2020 Republic $360,000 Convertible Observe
Funded
RegCF

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