B

LOAN SUMMARY | 208 Butler Road, Oak Ridge, TN 37830

BORROWER


Rate
Projected Term
Loan To ARV
Loan Amount
Investors
9%
12 months
69.9%
$90,140
0
Purpose
Loan Position
Total Loan Amount
Loan Status
Purchase & Renovation
First Lien
$90,140
Repaid on 06/04/2020
Started on
Funded on
Repaid on
Matured on
12/13/2019
12/30/2019
06/04/2020
12/15/2020

FINANCIAL OVERVIEW

After Repair Value (ARV)
$129,000
Total Project Costs
$109,140
$19,860
GROUNDFLOOR
$90,140
$19,000
0%
Skin-in-the-Game
First Lien Loan
Cushion
Purchase Price
$70,000
Purchase Date
TBD
Loan To ARV
69.9%
Loan To Total Project Cost
82.6%

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

VALUATION REPORTS

As Complete (ARV)
$129,000
Certified Independent Appraisal
Broker's Price Opinion
Borrower Provided Appraisal
Borrower Provided Comps

PROPERTY PHOTOS