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LOAN SUMMARY | 2121 2ND STREET NORTHWEST 2121 2nd Street Northwest, Washington, DC 20001

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BORROWER


Rate
Projected Term
Loan to Value Range
Loan Amount
Investors
13.4%
12 months
62.7%
$470,000
0
Purpose
Loan Position
Total Loan Amount
Loan Status
Acquisition & Renovation
First Lien
$470,000
Repaid on 12/06/2016
Started on
Funded on
Repaid on
Matured on
03/09/2016
04/01/2016
12/06/2016
04/07/2017

FINANCIAL OVERVIEW

After Repair Value (ARV)
$750,000
Total Project Costs
$720,000
$30,000
GROUNDFLOOR
$470,000
$250,000
0%
Skin-in-the-Game
First Lien Loan
Cushion
Purchase Price
$670,000
Purchase Date
TBD
Loan To ARV
62.7%
Loan To Total Project Cost
65.3%

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
6
10
Location
4
8
Borrower Experience
3
5
Borrower Commitment
1
1

VALUATION REPORTS

As Complete (ARV)
$750,000
Certified Independent Appraisal
Broker's Price Opinion
Borrower Provided Appraisal
Borrower Provided Comps

PROPERTY PHOTOS

THE COMPANY PLAYED NO ROLE IN THE PREPARATION OF ANY OF THE VALUATION SOURCES OR ANY OTHER MATERIALS PROVIDED BY THE BORROWER. WHILE WE BELIEVE THE DATA CONTAINED THEREIN IS HELPFUL, WE DO NOT USE IT AS THE SOLE BASIS FOR A FUNDING DECISION.