Jan 11, 2019 at 08:54 am

Target increased

Update posted by Frank Schorr

Thanks again for all of your help!

Unfortunately I have had to increase the funding target. I made some initial miscalculations with regards to the target and, additionally, my rent will be higher this year. I had hoped that the excess would not be too much of an obstacle, but my latest calculations (based on my new lease) have made me realise that increasing the target is necessary.

Because I'm paranoid about appearing greedy I will show how I came up with the new target below:


Monthly rental X (12 months + 1.5 month deposit) + Platform/banking fees (12%) = New Target

5000 X 13.5 X 1.12 = 75,600

Back to campaign page