D

LOAN SUMMARY | 3421 Old Tennessee Road Southwest, Marietta, GA 30008

BORROWER

Complete Construction & Roofing, LLC
Dionne Washington - principal
Rate
Projected Term
Loan To ARV
Loan Amount
Investors
13%
12 months
72.0%
$227,280
1
Purpose
Loan Position
Total Loan Amount
Loan Status
New Construction
First Lien
$227,280
Repaid
Started on
Funded on
Repaid on
Matured on
11/26/2019
01/18/2022
Pending
11/26/2020

FINANCIAL OVERVIEW

After Repair Value (ARV)
$600,000
Total Project Costs
$496,710
$103,290
GROUNDFLOOR
$431,710
$65,000
0%
Skin-in-the-Game
First Lien Loan
Cushion
Purchase Price
$120,000
Purchase Date
TBD
Loan To ARV
72.0%
Loan To Total Project Cost
86.9%

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
5
5
Borrower Commitment
1
1

VALUATION REPORTS

As Complete (ARV)
$600,000
Certified Independent Appraisal
Broker's Price Opinion
Borrower Provided Appraisal
Borrower Provided Comps

PROPERTY PHOTOS