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15225 Bringard Dr, Detroit, MI 48205

20
15225 Bringard Dr, Detroit, United States

A single-family residence in the Burbank neighborhood of Detroit, near the Sea World Fish Market and the Shiloh Chapel Church of God. The 1,202 square foot home has 3 bedrooms, 2 bathrooms, and forced heat and cooling. It sits close to the 16051 E State Fair property, improving economies of scale.

Property Overview

Bedrooms

3

Bathrooms

2

Size

N/A

Year Built

N/A

Investment Returns Projection

Projected value

$1,551
▲ $551 (55.10%)
Investment Summary
Asset Price$68,472.00
Token Price$50.72
Annual Yield9.17%
Monthly Rental$523.00
Appreciation RateN/A
Occupancy RateN/A
Where the Raise Goes

The offering costs $68,472.00 in total. The property itself is $54,000.00, so 26.8% of the total sits on top of the purchase price in reserves, costs and fees.

  • Purchase price78.9%$54,000.00
  • Reserves and improvements7.0%$4,820.00
  • Other14.1%$9,652.00

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

1,350

Token Price

$50.72

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-15225-BRINGARD-DR-DETROIT-MI

Contract Address

0x617e80813da122f0a25e09a731664b5530b8745c

Property Features

Property Type

Other

Bedrooms

3

Bathrooms

2

Size

N/A

Year Built

N/A

Condition

N/A

Street View
Total Price

$68,472.00

Token Price$50.72
Annual Yield9.17%
Tokens AvailableN/A