GROUNDFLOOR | What are you building?

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PROJECT SUMMARY | 1403 NEWTON AVE SE , ATLANTA, GA 30316

BORROWER

All Cash Properties LLC

Kevin Lewis - principal

11%

12 months

67.3%

$366,160

Purchase & Renovation

First Lien

$366,160

Balloon payment - principal and interest returned on repayment / due at maturity.

FINANCIAL OVERVIEW After Repair Value (ARV) $548,000 Total Project Costs $414,160 $133,840 GROUNDFLOOR $366,160 $48,000 0% Skin-in-the-Game First Lien Loan Cushion Purchase Price $320,000 Purchase Date TBD Loan To ARV 67.3% Loan To Total Project Cost 88.1%	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 2 10 Location 4 8 Borrower Experience 3 5 Borrower Commitment 1 1
	VALUATION REPORTS As Complete (ARV) $548,000 Certified Independent Appraisal Broker's Price Opinion Borrower Provided Appraisal Borrower Provided Comps

PROPERTY DESCRIPTION

Address: 1403 NEWTON AVE SE , ATLANTA, GA 30316

The Borrower intends to use the loan proceeds to purchase and renovate the property. Upon completion, the Borrower intends to sell the property to repay the Groundfloor loan.

PROPERTY PHOTOS

MISCELLANEOUS

PROJECT SPECIFIC RISK FACTORS

Please consult the Offering Circular for further discussion of general risk factors.

CLOSING CONDITIONS

Loan is conditioned upon a clean title search and valid title insurance at the time of close.

DEVELOPER FEES

We generally charge borrowers an origination fee (which typically ranges between 2% and 6% of the principal loan amount) and a servicing fee (which typically ranges between 0.5% and 2%) for our services.
We do not take a "spread" on any part of the interest payments.
Borrowers may capitalize the cost of closing into the principal amount of their request. These closing costs typically range from $500 to $1500.
Unless otherwise limited by applicable law, we will charge a penalty of up to 2% for any extension made to the Borrower. See “Fees and Related Expenses” in the Offering Circular

BORROWER SUMMARY
UNLESS NOTED WITH A , INFORMATION BELOW IS SUPPLIED BY THE BORROWER AND IS NOT VERIFIED.

BORROWERS REPRESENT AND WARRANT THAT INFORMATION SUPPLIED IS ACCURATE.

ALL CASH PROPERTIES LLC

DATE OF FORMATION

02/14/2018

Value of Properties

Total Debt

Completed Projects

Revenue

$255K

Unsold Inventory

Aged Inventory

Gross Margin %

13.13%

PRINCIPAL

Kevin Lewis

FOCUS

Fix & Flip

Loans Funded

Loans Repaid

Completed Projects Per Year

Average Project Revenue

$140K

On Time
Repayment

0.0%

Average Project
Time

5 months

Average Total
Project Costs

$100K

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.

Buy Equity in Groundfloor

PROJECT SUMMARY | 1403 NEWTON AVE SE , ATLANTA, GA 30316

BORROWER

FINANCIAL OVERVIEW

Grade Factors

VALUATION REPORTS

PROPERTY DESCRIPTION

PROPERTY PHOTOS

MISCELLANEOUS

PROJECT SPECIFIC RISK FACTORS

CLOSING CONDITIONS

DEVELOPER FEES

BORROWER SUMMARY
UNLESS NOTED WITH A , INFORMATION BELOW IS SUPPLIED BY THE BORROWER AND IS NOT VERIFIED.

BORROWERS REPRESENT AND WARRANT THAT INFORMATION SUPPLIED IS ACCURATE.

Investor

Borrower

PROJECT SUMMARY | 1403 NEWTON AVE SE , ATLANTA, GA 30316

BORROWER

FINANCIAL OVERVIEW

Grade Factors

VALUATION REPORTS

PROPERTY DESCRIPTION

PROPERTY PHOTOS

MISCELLANEOUS

PROJECT SPECIFIC RISK FACTORS

CLOSING CONDITIONS

DEVELOPER FEES

BORROWER SUMMARY UNLESS NOTED WITH A , INFORMATION BELOW IS SUPPLIED BY THE BORROWER AND IS NOT VERIFIED. BORROWERS REPRESENT AND WARRANT THAT INFORMATION SUPPLIED IS ACCURATE.

BORROWER SUMMARY
UNLESS NOTED WITH A , INFORMATION BELOW IS SUPPLIED BY THE BORROWER AND IS NOT VERIFIED.

BORROWERS REPRESENT AND WARRANT THAT INFORMATION SUPPLIED IS ACCURATE.