D

LOAN SUMMARY | 2464 Hopkins Street, Orange Park, FL 32073

BORROWER

Theograce Holdings LLC
Collin Pessolano - principal
Rate
Projected Term
Loan To ARV
Loan Amount
Investors
10%
6 months
71.2%
$210,000
0
Purpose
Loan Position
Total Loan Amount
Loan Status
Purchase & Renovation
First Lien
$210,000
Repaid on 07/02/2020
Started on
Funded on
Repaid on
Matured on
03/13/2020
07/02/2020
07/02/2020
09/12/2020

FINANCIAL OVERVIEW

After Repair Value (ARV)
$295,000
Total Project Costs
$271,409
$23,591
GROUNDFLOOR
$210,000
$61,409
0%
Skin-in-the-Game
First Lien Loan
Cushion
Purchase Price
$179,550
Purchase Date
TBD
Loan To ARV
71.2%
Loan To Total Project Cost
77.4%

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)
$295,000
Certified Independent Appraisal
Broker's Price Opinion
Borrower Provided Appraisal
Borrower Provided Comps

PROPERTY PHOTOS