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LOAN SUMMARY | 29 CHEROKEE ST, NEWNAN, GA 30263 29 Cherokee St, Newnan, GA 30263

B602a544f0a800b1e8c655b9cb2367c43f08269f

BORROWER


Rate
Projected Term
Loan to Value Range
Loan Amount
Investors
16%
12 months
65.2%
$88,000
0
Purpose
Loan Position
Total Loan Amount
Loan Status
Acquisition & Renovation
First Lien
$88,000
Repaid on 03/03/2016
Started on
Funded on
Repaid on
Matured on
10/14/2015
11/03/2015
03/03/2016
11/10/2016

FINANCIAL OVERVIEW

After Repair Value (ARV)
$135,000
Total Project Costs
$64,900
$70,100
GROUNDFLOOR
$88,000
0%
Skin-in-the-Game
First Lien Loan
Cushion
Purchase Price
$64,900
Purchase Date
TBD
Loan To ARV
65.2%
Loan To Total Project Cost
135.6%

Grade Factors

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

VALUATION REPORTS

As Complete (ARV)
$135,000
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.