Multi-Family
United States
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15930 Monica St, Detroit, MI 48238

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15930 Monica St, Detroit, United States

A duplex built in 1926 on Monica Street in Detroit, near Highland Park and close to a common thoroughfare. The multi-family property sits in a neighborhood with a concentration of universities and needs minor renovations including paint, exterior work and replacing a kitchenette.

Property Overview

Bedrooms

N/A

Bathrooms

N/A

Size

N/A

Year Built

N/A

Investment Returns Projection

Projected value

$1,605
$605 (60.50%)
Investment Summary
Asset Price$103,996.50
Token Price$50.73
Annual Yield9.92%
Monthly Rental$859.50
Appreciation RateN/A
Occupancy RateN/A
Where the Raise Goes

The offering costs $103,996.50 in total. The property itself is $83,000.00, so 25.3% of the total sits on top of the purchase price in reserves, costs and fees.

  • Purchase price79.8%$83,000.00
  • Reserves and improvements9.0%$9,400.00
  • Other11.2%$11,596.50

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

2,050

Token Price

$50.73

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-15930-MONICA-ST-DETROIT-MI

Contract Address

0x92ea0f03b611e7e6d056371a3c6b2bb188199c47

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

$103,996.50

Token Price$50.73
Annual Yield9.92%
Tokens AvailableN/A