There’s $25 Trillion of aged real estate in America
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Single Family Homes
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Multi Family Homes
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Apartments
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**48% of all residential homes are at least 50 years old (built in 1975 or earlier)**
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With an entire ecosystem dedicated to profiting from the renovation of American real estate
Real Estate Investors (REI)
aka Home Builders, Fix & Flippers
In the business of buying real estate to upgrade then exit through selling the property or BRRR (Buy, Renovate, Rent, Refinance and Repeat)
Non-bank Lenders
aka Hard Asset Lenders
In the business of funding those projects. Usually $20-50M debt funds, family offices, private individuals, correspondents and brokers.
Together, they produce over 327,000+ renovation projects every year.
That’s:
$76B in fix and flip projects.
$33 billion in ground-up construction projects.
$53 billion in rental property projects.
Here’s how we monetize the industry:
TLDR - InstaFi’s monetization
Deposit spread on Lender deposits (100bps)
Deposit spread on Real Estate Operator's operating accounts (100bps)
Subscription upgrades ($2K/mos, $5K/mos, $20K/mos)
Connecting Ground-up Construction loans to Wall Street buyers (100 bps)
Connecting Fix & Flip loans to Wall Street buyers (75bps)
Refinancing short-term Construction or Flip loans into permanent rental property mortgages (100bps)
Total revenues
Total Recognized Revenue (2026)
| Revenue Stream |
FY'26 Recognized |
| SaaS (subscriptions) |
$3,350,400 |
| Banking (deposit spread) |
$3,135,000 |
| Take-rate (loan sales, refinance commissions + servicing) |
$665,000 |
| TOTAL |
$7,150,400 |
SaaS Revenue
Our SaaS strategy uses a tiered model designed to accommodate lenders of all sizes while creating natural upgrade paths:
Multi-Tiered Approach
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Growth - $2,000/month: Enhanced analytics, white-labeled borrower portal, priority support
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Pro - $5,000/month: Institutional-grade reporting, custom integrations, 2% cashback, dedicated account manager
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Enterprise - $20,000/month: Full customization, API access, integrated securitization tools, premium data feeds
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Enterprise accounts carried over (end of 2025): 6 Enterprise
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New in 2026: 10 Enterprise, 20 Medium, 30 Small
Notes:
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New enterprise customers: we recognize ~42% of their first-year value inside 2026
(slower, more complex onboarding; many sign mid-year)
-
New Medium/Small lender customers: we recognize ~47% inside 2026 (faster onboarding than Enterprise)
-
For accounts carrying over from FY’25: Enterprise accounts are live all year → 100% recognized in 2026
| Segment |
ARR per Lender |
Lenders (Total) |
Recognition Factor |
FY26 Recognized |
| Enterprise (carry-in) |
$240,000 |
6 |
100% |
$1,440,000 |
| Enterprise (new) |
$240,000 |
10 |
~42% |
$1,008,000 |
| Medium (new) |
$60,000 |
20 |
~47% |
$564,000 |
| Small (new) |
$24,000 |
30 |
~47% |
$338,400 |
| Total SaaS (FY26) |
|
66 |
|
$3,350,400 |
- FY’26 recognized: $3.35M
- YE’26 run-rate: $5.76M
Banking Revenue
Our banking model generates steady revenue through deposit spread. For every dollar deposited with InstaFi, we earn 100 basis points annually. We start with Lenders, who we use as our distribution channel to onboard Real Estate Investors.
Lenders
- Average medium-sized lender AUM: $25M
- Portion maintained as deposits: 20% ($5M per lender)
- Annual revenue per lender: $50,000 (100BPS of $5M)
- Interest earned on deposits: 4.2%
- Interest paid to users: 3.2%
- Net spread: 100 basis points
Real Estate Investors:
- Average deposits: $30K per REI
- Interest earned on deposits: 4.2%
- Interest paid to users: 3.2%
- Net spread: 100 basis points
- Annual revenue for REI: $300
- Per Lender (10 REIs): $3,000
Lender & REI Banking Analysis:
- Enterprise lenders: 10% deposit capture → $11,200 per lender annualized, 6-month ramp → ~42% recognized in 2026 for new, ~87% recognized for lenders already onboarded in FY’25.
- Medium lenders: 25% capture → $131,000 per lender at steady state, 2-month ramp → ~45% recognized in 2026.
- Small lenders: 25% capture → $65,500 per lender at steady state, 2-month ramp → ~45% recognized in 2026.
| --- | --- | --- | --- | --- | --- |
Take-rate revenue
**Ground-up Construction (Spec Home Building) + Fix & Flip:
- Ground-up Construction**
- Every lender InstaFi onboards brings their own 10 active real estate developers.
- Of those 10, 70% of the Real Estate Developers complete 1.5 flips annually on average, creating 10.5 loans per lender each year.
The industry average construction loan size is $450,000.
InstaFi is paid 100BPS. 50BPS for facilitating loans from the SME lender to an institutional aggregator pool, and 50 BPS to service the loan afterwards.
This generates $4,500 per loan.
2) Fix & Flip
- Every lender InstaFi onboards brings 10 active real estate investors.
- Each Real Estate Investor completes 1.8 flips annually on average, creating 18 loans per lender each year.
The industry average flip loan size is $245,000.
InstaFi is paid 75BPS. 50BPS for facilitating loans from the SME lender to an institutional aggregator pool, and 25 BPS to service the loan afterwards.
This generates $1,838 per loan.
We increase the LTV by transitioning their short-term mortgage into a long-term mortgage and we get to charge more on a higher loan amount:
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