IRR is calculated for individual realized deals based on the aggregate investor cash flows utilizing the XIRR function in Microsoft Excel and with reference to the effective capital contribution dates of each individual investor and the distribution dates by the Sponsor (Issuer).

The hold period is defined as the time between when the underlying property is acquired and when that property is sold and the proceeds are distributed to investors. Typically, Sponsors generally target a hold period of 3-5 years although some deals may target as long as 10 years. It is important to note that many of the deals listed on the PRIMEGOLDHOMES Marketplace are still in their holding periods.