Investor Presentaiton

Portfolio Performance 2015 2016 Change (*16 vs *15) Total Assets $30,795,486 $38,369,421 24.6% No. of loans in Portfolio 180 217 21.2% Principal Amount of Loans in Portfolio $27,532,867 $33,750,610 22.6% Annual Interest Income $2,477,876 $3,648,427 47.2% Gross Origination Fee Income (1) $721,284 $824,008 14.2% Wtd. Average Contractual Interest Rate (2) 11.8% 12% 1.6% Blended Loan-to-Value (LTV) 46.5% 47.9% 3.0% Foreclosures Initiated 2 1 -50% Loan Principal Paid Off $5,812,116 $14,861,360 155.7% (1) Origination Fees net of Manager Compensation was $108,385 and $197,378 in 2015 and 2016, respectfully. (2) Weighted average contractual interest rate does not include origination fee income. SACHEM CAPITAL 14

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