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LOAN SUMMARY | 1366 HARTFORD AVE SW, ATLANTA, GA 30310 1366 Hartford Ave SW, Atlanta, GA 30310

B7125b03afc3e5bde40c5e349864e0ad947c8bd6

BORROWER


Rate
Projected Term
Loan To ARV
Loan Amount
Investors
9.6%
9 months
43.4%
$65,000
0
Purpose
Loan Position
Total Loan Amount
Loan Status
Renovation
First Lien
$65,000
Repaid on 07/29/2016
Started on
Funded on
Repaid on
Matured on
10/13/2015
11/03/2015
07/29/2016
08/01/2016

FINANCIAL OVERVIEW

After Repair Value (ARV)
$149,900
Total Project Costs
$10,000
$139,900
GROUNDFLOOR
$65,000
0%
Skin-in-the-Game
First Lien Loan
Cushion
Purchase Price
$10,000
Purchase Date
06/20/2013
Loan To ARV
43.4%
Loan To Total Project Cost
650.0%

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
3
4
Skin-in-the-Game
2
10
Location
2
8
Borrower Experience
2
5
Borrower Commitment
2
1

VALUATION REPORTS

As Complete (ARV)
$149,900
Certified Independent Appraisal
Broker's Price Opinion
Borrower Provided Appraisal
Borrower Provided Comps

PROPERTY PHOTOS

MISCELLANEOUS

PROJECT SPECIFIC RISK FACTORS
  • The renovation may be extensive, and therefore subject to delays and other unexpected issues.
  • The renovation will require permitting, and permits may not be obtained on time or may be denied.
  • Please consult the Offering Circular.