Single Family
United States
1 / 4

8626 Minock St, Detroit, MI 48228

32
8626 Minock St, Detroit, United States

A 1946 single-family residence in Detroit's Warrendale neighborhood, 8626 Minock St offers 926 square feet of living space with 3 bedrooms and 1 bathroom on a 5,052 square-foot lot. The home features masonry foundations, shingle siding, an asphalt roof, and an attached parking space. Warrendale sits on the city's far west side near Rouge Park, Detroit's largest park.

Property Overview

Bedrooms

3

Bathrooms

1

Size

926 sq ft

Year Built

N/A

Investment Returns Projection

Projected value

$1,540
$540 (54.00%)
Investment Summary
Asset Price$72,360.00
Token Price$50.25
Annual Yield9.02%
Monthly Rental$544.00
Appreciation RateN/A
Occupancy RateN/A
Where the Raise Goes

The offering costs $72,360.00 in total. The property itself is $56,000.00, so 29.2% of the total sits on top of the purchase price in reserves, costs and fees.

  • Purchase price77.4%$56,000.00
  • Reserves and improvements9.8%$7,120.00
  • Other12.8%$9,240.00

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

1,440

Token Price

$50.25

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-8626-MINOCK-ST-DETROIT-MI

Contract Address

0x07f893290c1ac037f5cd6fe6b3963803d9faa598

Property Features

Property Type

Single Family

Bedrooms

3

Bathrooms

1

Size

926 sq ft

Year Built

N/A

Condition

N/A

Street View
Total Price

$72,360.00

Token Price$50.25
Annual Yield9.02%
Tokens AvailableN/A