Multi-Family
United States
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11441-11443 Flanders St, Detroit, MI 48205

25
11441-11443 Flanders St, Detroit, United States

A brick duplex on Detroit's east side, 11441-11443 Flanders offers two units, each with 2 bedrooms and 2 bathrooms and an assigned parking garage. The 1,763 square-foot property sits in the Gratiot-Findlay neighborhood, 8 miles from downtown Detroit and next to Martz Playground, with current tenants in place.

Property Overview

Bedrooms

2

Bathrooms

2

Size

1763 sq ft

Year Built

N/A

Investment Returns Projection

Projected value

$1,624
▲ $624 (62.40%)
Investment Summary
Asset Price$110,770.00
Token Price$50.35
Annual Yield10.18%
Monthly Rental$940.00
Appreciation RateN/A
Occupancy RateN/A
Where the Raise Goes

The offering costs $110,770.00 in total. The property itself is $89,000.00, so 24.5% of the total sits on top of the purchase price in reserves, costs and fees.

  • Purchase price80.3%$89,000.00
  • Reserves and improvements7.1%$7,900.00
  • Other12.5%$13,870.00

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

2,200

Token Price

$50.35

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-11441-11443-FLANDERS-ST-DETROIT-MI

Contract Address

0x038eb5001b6a7050fed40816321138e69f8f885b

Property Features

Property Type

Multi-Family

Bedrooms

2

Bathrooms

2

Size

1763 sq ft

Year Built

N/A

Condition

N/A

Street View
Total Price

$110,770.00

Token Price$50.35
Annual Yield10.18%
Tokens AvailableN/A