Single Family
United States
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(S) 10147 Somerset Ave, Detroit, MI 48224

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(S) 10147 Somerset Ave, Detroit, United States

A single-family residence at 10147 Somerset Ave in Detroit, built in 1939 and well maintained. It sits east of the city, where the platform already holds two other properties on the same street. Minor renovations are budgeted for the subfloor at the toilet area and the front porch.

Property Overview

Bedrooms

N/A

Bathrooms

N/A

Size

N/A

Year Built

N/A

Investment Returns Projection

Projected value

$1,654
$654 (65.40%)
Investment Summary
Asset Price$70,980.00
Token Price$52.58
Annual Yield10.59%
Monthly Rental$626.50
Appreciation RateN/A
Occupancy RateN/A
Where the Raise Goes

The offering costs $70,980.00 in total. The property itself is $70,000.00, so 1.4% of the total sits on top of the purchase price in reserves, costs and fees.

  • Purchase price98.6%$70,000.00
  • Reserves and improvements1.4%$980.00

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

$52.58

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-10147-SOMERSET-AVE-DETROIT-MI

Contract Address

0x4B293baA4703c5e7d480498BF3ccd8Dc3D1297Cd

Property Features

Property Type

Single Family

Bedrooms

N/A

Bathrooms

N/A

Size

N/A

Year Built

N/A

Condition

N/A

Street View
Total Price

$70,980.00

Token Price$52.58
Annual Yield10.59%
Tokens AvailableN/A