Two Months in: Have managed to double up and then some, switching to 4 notes per loan for most loans.
Invested: $54,229.89
Loans:
635
Avg. Loan Size:
$85.31
Auto-Lends
: 190
Avg. Interest:
22.79% (Weighted)
Avg. Exp. Return:
15.73% (Weighted less Default+Fees+Tax)
Expected Monthly Return to deal with:
$1,471.20 (Principal + Interest : excludes payoffs)
XIRR.:
19.23% (starting to stabilise now)
Interest Paid to date:
$302.96
After doing some calculations of my own I've settled on a Risk Grade spread from B3 to E3, which I feel will give me a good return with enough loans to keep up with the total investment I'm aiming for - I'll most likely narrow this spread as time goes on and I get a better feel for Grade defaults and timing, and other variations over time.
Loan Term Graph:
H-Term.png
Risk Grade Graph:
H-Risk.png
Risk Grade Detailed Graph:
H-Risk2.png
Bookmarks