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LOAN SUMMARY | 3238 Myra Street, Jacksonville, FL 32205

BORROWER


Rate
Projected Term
Loan To ARV
Loan Amount
Investors
10%
6 months
57.5%
$98,400
0
Purpose
Loan Position
Total Loan Amount
Loan Status
Purchase & Renovation
First Lien
$98,400
Repaid on 07/10/2020
Started on
Funded on
Repaid on
Matured on
05/11/2020
05/11/2020
07/10/2020
09/09/2020

FINANCIAL OVERVIEW

After Repair Value (ARV)
$171,000
Total Project Costs
$115,000
$56,000
GROUNDFLOOR
$98,400
$16,600
0%
Skin-in-the-Game
First Lien Loan
Cushion
Purchase Price
$95,000
Purchase Date
TBD
Loan To ARV
57.5%
Loan To Total Project Cost
85.6%

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
4
4
Skin-in-the-Game
2
10
Location
4
8
Borrower Experience
3
5
Borrower Commitment
1
1

VALUATION REPORTS

As Complete (ARV)
$171,000
Certified Independent Appraisal
Broker's Price Opinion
Borrower Provided Appraisal
Borrower Provided Comps

PROPERTY PHOTOS