Multi-Family
United States
1 / 4

15611 E Seven Mile Rd, Detroit, MI 48205

33
15611 E Seven Mile Rd, Detroit, United States

A single-family residence at 15611 E Seven Mile Rd in Detroit, built in 1951. Mature trees on the property provide shade during the warm Michigan summers. It sits on the same street as a 10-unit multi-family property.

Property Overview

Bedrooms

N/A

Bathrooms

N/A

Size

N/A

Year Built

N/A

Investment Returns Projection

Projected value

$1,683
$683 (68.30%)
Investment Summary
Asset Price$63,622.00
Token Price$48.94
Annual Yield10.97%
Monthly Rental$581.50
Appreciation RateN/A
Occupancy RateN/A
Where the Raise Goes

The offering costs $63,622.00 in total. The property itself is $52,000.00, so 22.4% of the total sits on top of the purchase price in reserves, costs and fees.

  • Purchase price81.7%$52,000.00
  • Reserves and improvements7.6%$4,860.00
  • Other10.6%$6,762.00

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

1,300

Token Price

$48.94

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-15611-E-SEVEN-MILE-RD-DETROIT-MI

Contract Address

0x2F4974a3BE7355CF8915aB34099F35ed44293128

Property Features

Property Type

Multi-Family

Bedrooms

N/A

Bathrooms

N/A

Size

N/A

Year Built

N/A

Condition

N/A

Street View
Total Price

$63,622.00

Token Price$48.94
Annual Yield10.97%
Tokens AvailableN/A