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10511 Whittier Ave, Detroit, MI 48224

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10511 Whittier Ave, Detroit, United States

A multi-unit property at 10511 Whittier Ave in Detroit with eight units and good tenants. It is the fifth acquisition on the street, alongside other nearby properties such as 10147 Somerset and 9717 Everts, with reduced property management and repair costs.

Property Overview

Bedrooms

N/A

Bathrooms

N/A

Size

N/A

Year Built

N/A

Investment Returns Projection

Projected value

$1,635
$635 (63.50%)
Investment Summary
Asset Price$349,300.00
Token Price$49.90
Annual Yield10.33%
Monthly Rental$3,008.00
Appreciation RateN/A
Occupancy RateN/A
Where the Raise Goes

The offering costs $349,300.00 in total. The property itself is $293,000.00, so 19.2% of the total sits on top of the purchase price in reserves, costs and fees.

  • Purchase price83.9%$293,000.00
  • Reserves and improvements5.8%$20,400.00
  • Other10.3%$35,900.00

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

7,000

Token Price

$49.90

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-10511-WHITTIER-AVE-DETROIT-MI

Contract Address

0x88F37cEE57B669CC1557D4f353dC11c113873F0B

Property Features

Property Type

Other

Bedrooms

N/A

Bathrooms

N/A

Size

N/A

Year Built

N/A

Condition

N/A

Street View
Total Price

$349,300.00

Token Price$49.90
Annual Yield10.33%
Tokens AvailableN/A