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LOAN SUMMARY | 1264 EMERALD AVE 1264 Emerald Ave SE, Atlanta, GA 30316

490860c404637f675a389dd137a666cc42dd53b5

BORROWER


Rate
Projected Term
Loan To ARV
Loan Amount
Investors
19.4%
12 months
10.0%
$40,000
0
Purpose
Loan Position
Total Loan Amount
Loan Status
New Construction
Second Lien
$40,000
Repaid on 04/05/2016
Started on
Funded on
Repaid on
Matured on
05/22/2015
06/14/2015
04/05/2016
05/28/2016

FINANCIAL OVERVIEW

After Repair Value (ARV)
$400,000
Total Project Costs
$270,000
$400,000
GROUNDFLOOR
$40,000
$190,000
$40,000
0%
Skin-in-the-Game
First Lien Loan
Second Lien Loan
Cushion
Purchase Price
$60,000
Purchase Date
TBD
Loan To ARV
10.0%
Loan To Total Project Cost
0.0%

Grade Factors

The following factors determine in part how the loan was graded:
(in descending order of importance)
Loan To ARV Score
4
10
Quality of Valuation Report
2
4
Skin-in-the-Game
1
10
Location
2
8
Borrower Experience
5
5
Borrower Commitment
2
1

VALUATION REPORTS

As Complete (ARV)
$400,000
Certified Independent Appraisal
Broker's Price Opinion
Borrower Provided Appraisal
Borrower Provided Comps

PROPERTY PHOTOS