Past Performance Summary
The following table summarizes the four Programs through December 31, 2015. All figures are presented on a Federal income tax basis.
|Raised from Investors||$4,653,970||$643,089||$2,283,255||$4,187,104|
|Length of Offering||1 Month||4 Months||10 Months||14 Months|
|Time to Deploy 90% Of Capital||1 Month||1 Month||1 Month||1 Month|
|Number of Loans Purchased||248||47||377||639|
|Total Purchase Price of Loans||$4,633,487||$661,989||$2,268,212||$6,480,307|
|Number of Loans Remaining||69||17||147||348|
|Total ROI *||22.30%||42.60%||28.70%||52.90%|
|Targeted Yield to Investors||9-12%||9-12%||9-12%||9-12%|
|Paid to Investors To Date (Capital & Inc)||$3,670,997||$487,806||$926,033||$1,336,242|
|Amount Paid to Date As Percentage of Investment||65%||53%||28%||27%|
|Remaining Investor Capital||$1,652,616||$303,747||$1,654,180||$3,054,104|
|Value of Assets Remaining **||$2,678,692||$747,850||$4,328,144||$16,628,563|
|Total Management Fee To Date||$115,312||$27,458||$47,886||$7,933|
|Total Class M Distribution to Date||0||0||0||0|
|Other Compensation to Managing Member and Affiliates||None||None||None||None|
* The Total Return On Investment (ROI) to Date is calculated for the entire series, not for any particular security issued by the series. The ending date for the calculation is December 31, 2015. Detail is available in the Offering Circular, which is also on the SEC's EDGAR website. Past performance is no guarantee of future results.
** The Value of Assets Remaining is primarily the value assigned to the remaining assets as of the time they were purchased, in some cases written down (but not up). As described earlier, the Investment Manager uses a proprietary pricing tool to evaluate loan purchases. The proprietary pricing tool takes into account factors that include, but are not limited to, the estimated value of the real estate securing each loan and the history of loan payments. AHP reevaluates the value of its assets only as needed - for example, when it sells a loan. Reevaluations are not performed on a regular basis.