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11078 Longview St, Detroit, MI 48213

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11078 Longview St, Detroit, United States

A fully renovated brick building at 11078 Longview St in Detroit's Ravendale neighborhood, offering 13 two-bedroom, one-bath units on a double lot. The Section 8 building includes green space outside and sits near large parks with easy access to city amenities.

Property Overview

Bedrooms

N/A

Bathrooms

N/A

Size

N/A

Year Built

N/A

Investment Returns Projection

Projected value

$1,870
▲ $870 (87.00%)
Investment Summary
Asset Price$758,850.00
Token Price$50.59
Annual Yield13.34%
Monthly Rental$8,438.64
Appreciation RateN/A
Occupancy RateN/A
Where the Raise Goes

The offering costs $758,850.00 in total. The property itself is $660,000.00, so 15.0% of the total sits on top of the purchase price in reserves, costs and fees.

  • Purchase price87.0%$660,000.00
  • Reserves and improvements3.0%$23,000.00
  • Other10.0%$75,850.00

Figures as published by the platform at listing. Reserves are held for the property and stay inside the deal, closing costs and the platform fee do not.

Token Information

Total Tokens

15,000

Token Price

$50.59

Tokens Available

0

Minimum Investment

N/A

Token Holders

N/A

Platform Fee

N/A

Management Fee

N/A

Leverage

Not stated

Blockchain Network

Gnosis Chain

Token Symbol

REALTOKEN-S-11078-LONGVIEW-ST-DETROIT-MI

Contract Address

0xD5Fc0C4C4C5ff316e1E91494d963Ff1D52Ba25fF

Property Features

Property Type

Other

Bedrooms

N/A

Bathrooms

N/A

Size

N/A

Year Built

N/A

Condition

N/A

Street View
Total Price

$758,850.00

Token Price$50.59
Annual Yield13.34%
Tokens AvailableN/A