B

LOAN SUMMARY | 1528 Powder Avenue, Apopka, FL 32703

BORROWER


Rate
Projected Term
Loan To ARV
Loan Amount
Investors
9%
12 months
57.3%
$206,250
0
Purpose
Loan Position
Total Loan Amount
Loan Status
Purchase & Renovation
First Lien
$206,250
Repaid on 10/15/2021
Started on
Funded on
Repaid on
Matured on
10/22/2019
12/11/2019
10/15/2021
10/22/2020

FINANCIAL OVERVIEW

After Repair Value (ARV)
$360,000
Total Project Costs
$275,000
$85,000
GROUNDFLOOR
$206,250
$68,750
0%
Skin-in-the-Game
First Lien Loan
Cushion
Purchase Price
$275,000
Purchase Date
TBD
Loan To ARV
57.3%
Loan To Total Project Cost
75.0%

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
4
10
Location
4
8
Borrower Experience
3
5
Borrower Commitment
1
1

VALUATION REPORTS

As Complete (ARV)
$360,000
Certified Independent Appraisal
Broker's Price Opinion
Borrower Provided Appraisal
Borrower Provided Comps

PROPERTY PHOTOS