Threeworld home
Single Family
United States
1 / 34

1 Holdings Tappan St, Detroit, MI 48234

38
Tappan St, Detroit, United States

A collection of 6 single-family homes on Tappan Street in Detroit, each with 4 bedrooms. The homes sit close together on the same street near a local airport, large corporations and parks, with a $23,000 renovation budget set aside for garage repairs, sprinkler updates, paint, plumbing, landscaping and gutter maintenance.

Property Overview

Bedrooms

4

Bathrooms

N/A

Size

N/A

Year Built

N/A

Investment Returns Projection

Projected value

$1,666
▲ $666 (66.60%)
Investment Summary
Asset Price$402,080.00
Token Price$50.26
Annual Yield10.75%
Monthly Rental$3,600.40
Appreciation RateN/A
Occupancy RateN/A
Where the Raise Goes

The offering costs $402,080.00 in total. The property itself is $324,000.00, so 24.1% of the total sits on top of the purchase price in reserves, costs and fees.

  • Purchase price80.6%$324,000.00
  • Reserves and improvements8.5%$34,090.00
  • Other10.9%$43,990.00

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

8,000

Token Price

$50.26

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-1-HOLDINGS-TAPPAN-ST-DETROIT-MI

Contract Address

0x7231cafcb32d2ad7072b7bee71ca9d4e5ebffafa

Property Features

Property Type

Single Family

Bedrooms

4

Bathrooms

N/A

Size

N/A

Year Built

N/A

Condition

N/A

Street View
Total Price

$402,080.00

Token Price$50.26
Annual Yield10.75%
Tokens AvailableN/A

Property Resources