Exhibit 6.12

LOAN AGREEMENT

THIS LOAN AGREEMENT (this “Agreement”) dated on August 1, 2022.

BETWEEN:

Ark7 Inc.

535 Mission Street, 14th Floor, San Francisco, CA 94105

(the “Lender”)

AND

Ark7 Properties Plus LLC – Series #JTDXY

535 Mission Street, 14th Floor, San Francisco, CA 94105

(the “Borrower”)

IN CONSIDERATION OF the Lender loaning certain amount of the loan (the “Loan”) to the Borrower, and the Borrower repaying the loan to the Lender, both parties agree to keep, perform and fulfill the promises and conditions set out in this Agreement:

Loan Amount & Interest

1. The Lender promises to loan $356,203 USD to the Borrower and the Borrower promises to repay this principal amount to the Lender, with interest payable on the unpaid principal at the rate of 9.00 percent per annum, calculated semi-annually not in advance, beginning on August 1, 2022. The Borrower may prepay the Loan but in no event shall the interest rate chargeable hereinabove for any day be less than 3.00 percent per annum.

Payment

1. This Loan will be repaid in full on July 31, 2023.

Bank Account Authorization

1. Lender will authorize Borrower to use Bank of America checking account ending with 6974 for property acquisition purpose.

Default

1. Notwithstanding anything to the contrary in this Agreement, if the Borrower defaults in the performance of any obligation under this Agreement, then the Lender may declare the principal amount owing and interest due under this Agreement at that time to be immediately due and payable.

Governing Law

1. This Agreement will be construed in accordance with and governed by the laws of the State of California.

Costs

1. All costs, expenses and expenditures including, without limitation, the complete legal costs incurred by enforcing this Agreement as a result of any default by the Borrower, will be added to the principal then outstanding and will immediately be paid by the Borrower.

Binding Effect

1. This Agreement will pass to the benefit of and be binding upon the respective heirs, executors, administrators, successors and permitted assigns of the Borrower and Lender. The Borrower waives presentment for payment, notice of non-payment, protest, and notice of protest.

Amendments

1. This Agreement may only be amended or modified by a written instrument executed by both the Borrower and the Lender.

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Severability

1. The clauses and paragraphs contained in this Agreement are intended to be read and construed independently of each other. If any term, covenant, condition or provision of this Agreement is held by a court of competent jurisdiction to be invalid, void or unenforceable, it is the parties’ intent that such provision be reduced in scope by the court only to the extent deemed necessary by that court to render the provision reasonable and enforceable and the remainder of the provisions of this Agreement will in no way be affected, impaired or invalidated as a result.

General Provisions

1. Headings are inserted for the convenience of the parties only and are not to be considered when interpreting this Agreement. Words in the singular mean and include the plural and vice versa. Words in the masculine mean and include the feminine and vice versa.

Entire Agreement

1. This Agreement constitutes the entire agreement between the parties and there are no further items or provisions, either oral or otherwise.

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IN WITNESS WHEREOF, the parties have duly affixed their signatures under hand and seal on the date first above written.

SIGNED, SEALED, AND DELIVERED

ARK7 INC.

By: ARK7 INC., as managing member

By:	/s/ Yizhen Zhao
	Name:	Yizhen Zhao
	Title:	CEO

SIGNED, SEALED, AND DELIVERED

ARK7 PROPERTIES PLUS LLC - SERIES #JTDXY

By: ARK7 INC., as managing member

By:	/s/ Yizhen Zhao
	Name:	Yizhen Zhao
	Title:	CEO

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