Single Family
United States
1 / 6

14872 Ilene St, Detroit, MI 48238

36
14872 Ilene St, Detroit, United States

A single-family brick residence with 3 bedrooms and 1 bathroom in Detroit's Bethune Community neighborhood. The 1,280 square-foot home sits on a 3,528 square-foot lot, near a university, Loyola High School, and the Village of Harmony Manor senior citizen center. A $5,000 renovation budget covers brick painting, roof and entry enhancements, and other deferred maintenance.

Property Overview

Bedrooms

3

Bathrooms

1

Size

1280 sq ft

Year Built

N/A

Investment Returns Projection

Projected value

$1,596
$596 (59.60%)
Investment Summary
Asset Price$76,365.00
Token Price$50.91
Annual Yield9.80%
Monthly Rental$623.50
Appreciation RateN/A
Occupancy RateN/A
Where the Raise Goes

The offering costs $76,365.00 in total. The property itself is $59,000.00, so 29.4% of the total sits on top of the purchase price in reserves, costs and fees.

  • Purchase price77.3%$59,000.00
  • Reserves and improvements9.1%$6,930.00
  • Other13.7%$10,435.00

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

1,500

Token Price

$50.91

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-14872-ILENE-ST-DETROIT-MI

Contract Address

0xf580651ba2090fd8ba5a6bdc999f46dc6532f894

Property Features

Property Type

Single Family

Bedrooms

3

Bathrooms

1

Size

1280 sq ft

Year Built

N/A

Condition

N/A

Street View
Total Price

$76,365.00

Token Price$50.91
Annual Yield9.80%
Tokens AvailableN/A