A

LOAN SUMMARY | 150 Caroline Ave, Athens, GA 30606

BORROWER

Borrower 416
- principal
Rate
Projected Term
Loan To ARV
Loan Amount
Investors
7.4%
9 months
22.7%
$25,000
0
Purpose
Loan Position
Total Loan Amount
Loan Status
Refinance - Rehab
First Lien
$25,000
Repaid on 07/26/2016
Started on
Funded on
Repaid on
Matured on
11/13/2015
11/23/2015
07/26/2016
08/13/2016

FINANCIAL OVERVIEW

After Repair Value (ARV)
$110,000
Total Project Costs
$45,000
$65,000
GROUNDFLOOR
$25,000
$20,000
0%
Skin-in-the-Game
First Lien Loan
Cushion
Purchase Price
$45,000
Purchase Date
03/20/2015
Loan To ARV
22.7%
Loan To Total Project Cost
55.6%

Grade Factors

The following factors determine in part how the loan was graded:
(in descending order of importance)
Loan To ARV Score
6
10
Quality of Valuation Report
2
4
Skin-in-the-Game
10
10
Location
2
8
Borrower Experience
4
5
Borrower Commitment
1
1

VALUATION REPORTS

As Complete (ARV)
$110,000
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