Threeworld home
Other
United States
1 / 12

1 Holdings Belvidere St, Detroit, MI 48214

19
Belvidere St, Detroit, United States

A group of 10 single-family rentals on Belvidere Street in Detroit, part of a portfolio alongside nearby Holcomb Street and Rohns properties. Built in 2006-2007, the homes each have an attached garage and are in good condition, with rent fully covered under Section 42 and a maintenance reserve of $13,462.00.

Property Overview

Bedrooms

N/A

Bathrooms

N/A

Size

N/A

Year Built

N/A

Investment Returns Projection

Projected value

$1,594
▲ $594 (59.40%)
Investment Summary
Asset Price$631,620.00
Token Price$54.45
Annual Yield9.77%
Monthly Rental$5,140.70
Appreciation RateN/A
Occupancy RateN/A
Where the Raise Goes

The offering costs $631,620.00 in total. The property itself is $545,000.00, so 15.9% of the total sits on top of the purchase price in reserves, costs and fees.

  • Purchase price86.3%$545,000.00
  • Reserves and improvements3.6%$22,462.00
  • Other10.2%$64,158.00

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

11,600

Token Price

$54.45

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-1-HOLDINGS-BELVIDERE-ST-DETROIT-MI

Contract Address

0x016E0081FcAad345691027908D5044534BcA1946

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

$631,620.00

Token Price$54.45
Annual Yield9.77%
Tokens AvailableN/A

Property Resources