A REAL ESTATE CROWDFUNDING SOURCE

Tremaine Drive CHR

Valuation report

Volume

3.1

Table of Contents

General area features of zip code 85225

343 Tremaine Drive CHR Project Details

Resulting home features

Opinion of value and summary of sale strategy

Cromford data for 85225

Comparible properties

Disclaimer:

The information provided in this valuation is for informational and educational purpose only and should NOT be considered Investment advice, legal advice, tax advice or any type other advise.

PhixNPhlip LLC is not a registered investment firm or Broker –Dealer.

The information offered in this presentation is not a representation or a solicitation for the purchase or sale of securities.

The opinions and information contained in this material is based on sources believed to be reliable and are written in good faith, but no Representation or warranty, expressed or implied, is made as to the accuracy or completeness.

PhixNPhlip LLC shall not be liable for any loss, monetary or otherwise, that may occur from your reliance on the information presented.

Although there are many benefits to crowdfunding, there are RISKS associated in a crowdfunding investment, as there are in any Real Estate Investment opportunity. Please be sure to do your due diligence before investing

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Today, new Arizona statutes have opened real estate to crowdfunding. Until recently, real estate investment was the realm of moguls and Millionaires. Now, you can be a part of Arizona’s growth, even if you only have $1,000 to invest.

PhixNPhlip is an Equity Real-Estate crowdfunding source offering shares to Arizona residents seeking to invest $1,000 - $10,000 in local residential real estate. We use today’s technology and data-driven processes to create transparency and efficiently underwrite projects that we are already doing. Allowing our investors to diversify capital, PhixNPhlip offers investors a share of the project.

Our goal is to reach 12% - 18% annualized return, have periodic liquidity and have a number of projects for investors to choose from.

We are very excited to present our 2nd crowdfunding offering in Arizona: Tremaine Drive CHR. We are offering up to four hundred thousand dollars ($525,000) in Secured Participating Preferred Non-Voting Membership Interests.

We Own the asset, in fact our confidence is so great on the Tremaine Drive CHR project that we will fund the project with or without the crowdfunding capital. In addition, the structure detailed below is such the preferred return to (you) the investor, is paid before we get our success fee!

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Opportunity is knocking,

be a part of your community’s change with PhixNPhlip real estate crowdfunding.

Opportunity to passively invest Local Arizona residential real estate market. Preferred Return after expenses before any profit or Sponsor participation PLUS on Equity projects, Profit participation after Initial Sponsor Participation No Fees, Quick, Easy sign up process takes less than 10 minutes Digitally sign documents securely online via 3rd party escrow service. You can minimize risk by choosing diverse deals to invest in for as little as

$1000. 24/7 Access to your investment Regular project updates. Real estate market trend updates Diversifying into residential real estate has never been this easy or this fun!

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Getting to the property: From downtown Phoenix head East on I-10, East on Hwy 60, Exit Country Club (right) on Country Club, Left on Tremiane Dr. (just south of Wilderness Brewing) house on right on towards end of street.

ZIP code 85225 comprises a 12 square miles area of Northeast Chandler. It lies between Pecos Road in the south and the Western CSR in the north. The western boundary runs along Alma School Road while in the east it is more complex and forms the city boundary line with the town of Gilbert. ZIP code 85225 includes San Marcos Country Club, Folley Park, Pima Park, Gazelle Meadows park, Navarette Park, Plaza del Arcos, Chandler Park, San Tan Park, Apache Park, Chandler Mercado, East Valley Plaza & Mall, Sun Village Fair, Hoopes Park, Paseo del Oro and Summit Point Park.

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Notable locations in Chandler:

Arizona Railway Museum

Koli Equestrian Center

Zelma Basha Salmeri Gallery

Tumbleweed Recreation Center

Rawhide at Wild Horse Pass

Desert Breeze Railroad

Chandler Center for the Arts

Chandler Fashion Center

Schools 85225: GILBERT School District

Playa Del Rey Elementary School

Mesquite Jr High School

Mesquite High School

BASIS Chandler

Shopping Centers: North Park Plaza Shopping Center, Alma-Elliot

Square Shopping Center, Chandler Mercado Shopping Center, Paseo

de Oro Shopping Center, Chandler Fashion Square.

Churches in zip code 85225 include Free Methodist Church, Faith Church of the Valley, Epiphany Lutheran Church, Crosswalk Christian Church, Congregational Church of the Valley, Chandler Trinity Christian Fellowship, Chandler Greater Phoenix Chinese Christian Church, Chandler First Church of the Nazarene, Chandler First Assembly of God Major facilities and business located in 85225 AA&E CHANDLER GILBERT COMMUNITY COLLEGE SITE CARMEL COMMUNITY ARTS AND TECHNOLOGY GEM MICROELECTRONIC MATERIALS LLC BRIGHTON COLLISION CENTER GREEN STONE INDUSTRIES ABLE METALLIC SVC BONDED LOGIC OLIN HUNT SPECIALTY PRODUCTS ORBIT

Data provided by: http://www.city-data.com/zips/85225.html

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Starting with the acquisition of the property on January 28 ,2019 with a purchase price of $313,322, the designs and layout were discussed, and architect designs began on March 19, 2019 for a cost of $7,500. Next, the mechanical, plumbing and electrical design were added to the plans. Followed by the structural engineering plan, in April of 2019. The estimated costs for construction and management are about $175,000 for a total estimated cost of $520,122.

The house is currently 1323 square feet, outdated as it was built in 1975. Also, the house is in need of a new roof and kitchen as well as updating fixtures throughout.

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The resulting home will be approximately 2,200 square feet, with 4 bedrooms, 2 bathrooms, and a 2 car garage. The Great Room will open to a spacious kitchen with Dining Room and island. The Kitchen is strategically located with direct access to the laundry and mechanical room, and garage. The master bedroom will be tucked away in the back amd have a large walk-in closet. The 3 additional bedrooms and guests will share the other bathroom.

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Opinion of value and summary of sale strategy for 373 E TREMAINE DR, Chandler, AZ 85225

The total cost of the project including acquisitions, professionals, construction budget, carrying costs, sale and marketing and closing costs is $520,122. One of our earlier Comparative Market Analyses (CMA) showed a sold price per square foot (ppsf) range of $265-$315 /Sqft, this was from March of 2019. As you can see in the cromford graph below, the sold price in 85225 has increased steadily since week 10 of 2018. We expect the remodeled home will sell by the end of spring between $265-$315 (ppsf) using the data and comps provided on the following 2 pages Looking at the Cromford data report for 85225, as of July 2019 there were 83 active listings which lower for the past 2 years ranging from 115 to 86 listings. Also important to the sale of the project are the days on market and the inventory supply. Looking at the cromford data for 85225 there is currently a .08 months supply with an average of 50 days on market. In using this data to predict the future of the timing and strategies for the sale of the home, we would expect to start marketing the house by the end of October. Allowing us over 120 days to sell and close on the project by the end February 2020. The remodeled home will feature approximately 2089 square feet and at $250 per square foot equals $522,250. The compatibles that use higher grade features and are move in ready home may get over $265 per square foot, which is over a $550,000 resale value. As you can see from the data and comparables, this zip code is improving as homes are being upgraded and remodeled.

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Monsoon Comparison Properties

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Cromford Data Report for 85225

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Ready to Invest In AZ Real Estate?

It’s an easy 5 minute process to Sign Up:

Go to PhixNphlip.com and select Start Investing

1. Choose an available project from the Phoenix area map, select

Click for details

2.

3. Review project details, including the investment structure.

4. Select Invest Now then you will be connected to secure online

3rd party escrow.

5. Establish Residency In order to qualify, all investors and

ventures must be based in Arizona.

6. Review Documentation; you’ll receive an Offering

Memorandum detailing everything you need to know.

7. Acceptance and verification that shares are secured.

Escrow Investments are held in a single escrow account in the

bank until minimum thresholds are met. There are no fees for the

escrow service and your investment can be accessed online 24/7.

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Frequently Asked Questions

Q: Can I invest as a Company or Trust?

A: Yes, when you click INVEST NOW, you will be directed to our third part escrow service. During the 1

st Step in setting up your investment there is an option to enter your company or trust name.

Q: Can I invest through my Self Directed IRA or 401K account?

A: Yes, if you have checkbook control of your account or are self-directed. When you click INVEST NOW, you will be directed to our third part escrow service. During the 4th Step in setting up your investment, there is an option to enter your IRA or 401K account information.

Q: What if I have a Financial Advisor?

A: We would be glad to communicate with or cooperate with your advisor(s). When you click INVEST NOW, you will be directed to our third part escrow service. During the 1st Step in setting up your investment, there is an option to enter your finical advisor contact information.

Q: What do I own?

A: You actually own a Preferred Membership in a limited liability company controlled by the Sponsor. You will get an electronically signed subscription agreement that shows all the details of your investment.

Q: I’m I investing directly in a property?

A: No, you are buying a security. You actually own a Preferred Membership in a limited liability company controlled by the Sponsor. You will get an electronically signed subscription agreement that shows all the details of your investment. If you would like to preview the agreement, please contact us via email and we can send you a copy.

Q: How am I going to get updated on the project?

A: Our plan is to give monthly updates via email once the minimum investment is reached & the first part of the project is funded. We suggest keeping up with the projects on our Facebook page or on our website www.PhixNPhlip.com as we will have updates available on these sites.

Q: How much do you charge for the investment?

A: We do not charge you for any fees or a platform service charge. No, there are no charges for our crowdfunding services.

Q: What if I have a question?

A: Call us Direct at 602-694-3677 or send us an email at PhixNPhlip@gmail.com. To see more FAQs, visit PhixNPhlip.com.