C

LOAN SUMMARY | 2650 MORRIS STREET 2650 Morris St NW, Atlanta, GA 30318

16759a3596fae526603b54a8505812ba4c251e2c

BORROWER


Rate
Projected Term
Loan To ARV
Loan Amount
Investors
13%
6 months
41.7%
$25,000
1
Purpose
Loan Position
Total Loan Amount
Loan Status
Renovation
First Lien
$25,000
Repaid on 02/12/2016
Started on
Funded on
Repaid on
Matured on
07/14/2015
08/06/2015
02/12/2016
02/07/2016

FINANCIAL OVERVIEW

After Repair Value (ARV)
$60,000
Total Project Costs
$8,000
$52,000
GROUNDFLOOR
$25,000
0%
Skin-in-the-Game
First Lien Loan
Cushion
Purchase Price
$8,000
Purchase Date
09/12/2014
Loan To ARV
41.7%
Loan To Total Project Cost
312.5%

Grade Factors

The following factors determine in part how the loan was graded:
(in descending order of importance)
Loan To ARV Score
5
10
Quality of Valuation Report
2
4
Skin-in-the-Game
0
10
Location
2
8
Borrower Experience
5
5
Borrower Commitment
2
1

VALUATION REPORTS

As Complete (ARV)
$60,000
Certified Independent Appraisal
Broker's Price Opinion
Borrower Provided Appraisal
Borrower Provided Comps

PROPERTY PHOTOS

MISCELLANEOUS